Momentum and contrarian returns have been documented by a large number of studies. In this paper we investigate the performance of technology stocks by using these two widely followed investment strategies during a speculative boom period. We discuss the effectiveness …
This Paper analyses the determinants of corporate investment of 597 companies during the period 1996-97 to 2005-06, and Generalized Method of Moments (GMM) technique has been used to examine the impact of adjustment costs and financial constraints on investment decisions …
In the twenty-first century, globalization has become the driver of change in the business plans of most multinational corporations. The rapid improvement in communications technology and the tendency towards more open economies have lead to the development of the globalization …
The determinants of debt structure have captured academic thought for many decades. If optimal debt structures do exist and that these structures maximize firm's value, obtaining an understanding of the determinants of debt structure is important in obtaining an understanding …
Comparison of financial parameters between a standard market "bundle" and individual companies is a common analysis carried out by financial observers. While this is no doubt capable of giving a lot of insights into the company's performances, another useful measure …
When the International norms recognized the product patent, the Government of India enacted the Indian Patent Act in 1970(process patent) with the objectives of allowing the domestic companies to grow. Today Indian pharma has been ranked number three in terms …