01
Original Article
Open Access
Gold as an Investment Option in India : Myth and Reality
Rajesh Panda, Madhvi Sethi
· pp. 7–21
DOI: 10.17010/ijf/2016/v10i5/92930
The trend of gold demand in India has been growing continuously. Global physical demand of gold increased by 34% for the time period from 2004-2013 ; whereas, physical demand of gold in India increased by more than 40% for the …
Keywords:
Financial Markets, Foreign Exchange, Gold, Investment Decisions, Inflation, Stocks, Bonds G100, G110, G15, E310
02
Original Article
Open Access
Stock Market Integration of India with Rest of the World : An Empirical Study
Sudarshan Bhattacharjee, A. M. Swaminathan
· pp. 22–32
DOI: 10.17010/ijf/2016/v10i5/92934
The present study conducted an analysis of the stock market integration of India and a few selected countries of the globe. The study used the Engle-Granger bivariate co-integration test for the analytical purpose of ascertaining the long run equilibrium relation …
Keywords:
Co-Integration, Augmented Dicky-Fuller Test, Stationarity, Integration, Financial Reforms, Stock Market G110, G150, G180
03
Original Article
Open Access
State Fiscal Problems and Role of Central Assistance : The Case of North Eastern States of India
Ajit Kumar Dash, Sudhansu Sekhar Rath
· pp. 33–49
DOI: 10.17010/ijf/2016/v10i5/92943
This paper examined the fiscal problems and role of the central assistance in the context of fiscal management at the sub-national level, particularly with reference to special category states in India like the North Eastern states. Observing the status of …
Keywords:
Fiscal Problem, Central Assistance, Gap Filling Approach, Non-Plan Revenue Expenditure
04
Original Article
Open Access
Compensation Provisions in a Venture Capital-Limited Partner (VC-LP) Contract : A Theoretical Framework
Sarita Mishra, Dinabandhu Bag
· pp. 50–61
DOI: 10.17010/ijf/2016/v10i5/92949
In a venture capital (VC) deal, a partnership contract is designed to avoid different conflicts arising due to information asymmetry and agency problem and to make appropriate provision for compensation. This study investigated different theoretical approaches that have been deployed …
Keywords:
Venture Capitalist Compensation, VC Contract, Principal-Agent Model, Contractual Covenants, Limited Partner