01
Original Article
Open Access
Impact of Firm Specific and Macro-Economic Factors on the Level of Underpricing of Initial Public Offerings (IPOs) : Evidence from the Indian Market
Aprajita Pandey, J. K. Pattanayak
· pp. 7–25
DOI: 10.17010/ijf/2018/v12i2/121367
The purpose of this paper was to examine the impact of firm specific and macro-economic factors on the level of underpricing of firms going for initial public offerings (IPOs) in the National Stock Exchange, India. We considered firms that went …
Keywords:
IPO, Underpricing, Market Adjusted Abnormal Rate of Return, Macro-Economic Factors, Firm Specific Factors
02
Original Article
Open Access
Linkages Between Global Capital Flows, Stock Market, and Monetary Policy : Evidences from India
Taral Pathak
· pp. 26–42
DOI: 10.17010/ijf/2018/v12i2/121369
Globalization set into motion financial liberalization of economies, which led to integration of financial markets globally, resulting in global capital flows (GCFs) from developed economies to emerging market economies (EMEs). 'Push' factors were seen as the reason for capital flows …
Keywords:
Global Capital Flows (GCFs), Asset Bubbles, Monetary Policy, Granger Causality, India
03
Original Article
Open Access
The Relationship Between Cash Flow Management Practices and Perceived Business Performance : A Proposed Conceptual Model
S. Krishna Kumar, C. Sivashanmugam, M. B. Vennela
· pp. 43–56
DOI: 10.17010/ijf/2018/v12i2/121376
The prime intention of this research paper was to create a conceptual framework to study the different dimensions of cash flow management practices and its linkages with cash flow forecasting practices and perceived business performance. The concepts of cash flow …
Keywords:
Cash Flow Management (CFM) Practices, Cash Flow Estimation Practices, Perceived Business Performance
04
Original Article
Open Access
A Comprehensive Analysis of Goods and Services Tax (GST) in India
Anand Nayyar, Inderpal Singh
· pp. 57–71
DOI: 10.17010/ijf/2018/v12i2/121377
The Goods and Services Tax (GST), implemented on July 1, 2017, is regarded as a major taxation reform till date implemented in India since independence in 1947. GST was planned to be implemented in April 2010, but was postponed due …
Keywords:
Tax, Indirect Tax, Goods And Services Tax (GST), Taxation Reforms, Indian Taxation System, GST Council