01
Original Article
Open Access
Determinants of Capital Structure: A Study of the Pharmaceutical Industry in India
R. Amsaveni, S. Gomathi
· pp. 4–14
The capital structure of a company is the combination of debt, equity and other sources of finance that it uses to fund its long-term asset. The key division in capital structure is between debt and equity. The proportion of debt …
Keywords:
Capital Structure, Leverage, Pecking Order Theory, Trade-Off Theory, Pharmaceutical Industry, India
02
Original Article
Open Access
Factors Affecting Stock Prices : The Linkage between Stock Market and Product Market
Rajnarayan Gupta
· pp. 15–21
A wide number of investigations have been made to identify the factors determining stock prices. All those investigations are, however, based on the single equation technique, where explanatory variables are treated as exogenous. The present study formulates a simultaneous equation …
Keywords:
Stock Price, Product Market, Simultaneous Equation Model, Panel Data
03
Original Article
Open Access
ROA on Gold Mines in ZA
Tumellano Sebehela
· pp. 22–30
There are virtually no empirical studies in South Africa (ZA) on pricing gold mines using real option analysis (ROA) despite the fact that ZA has relatively good mining prospects across the board and now and then, the mines close and …
Keywords:
“Closing and Openingâ€, Gold Mines and Real Options C10, G31 and
04
Original Article
Open Access
A Study on Trend of the Income Inequality: Evidence from Bangladesh
Shyamapada Biswas, Ataur Rahman, Salman Salem Shinwary
· pp. 31–42
This paper seeks to unfold the relationship between income inequality, poverty and economic growth in Bangladesh for the period 1974 - 2006. For the measurement of the income inequality, Gini Coefficient has been used. For analyzing the overall trend in …
Keywords:
Absolute Poverty, Calorie Intake, Correlation, Coefficient of Regression, Gini Coefficient, Hard Core Poverty, Income Inequality, Lorenz Curve, Poverty, Poverty Line-1, Poverty-Line-2
05
Original Article
Open Access
Is There any Diwali Effect?
Umesh Kumar
· pp. 43–53
This study investigates the existence of seasonality in National Stock Exchange. The study uses the monthly return data of the S&P; CNX NIFTY Index. After examining the stationary of the returns series, the researcher used Paired T-test in order to …
Keywords:
Mahurat Trading, Informational Inefficiency, National Stock Exchange, Volatility
06
Original Article
Open Access
Working Capital Management and Profitability in IT And Telecom Industry in India
D. P. Singh
· pp. 54–61
The study investigated the relationship between working capital management and profitability in the firms belonging to IT and telecommunication industry in India. 11 firms were randomly selected,out of which, 05 belong to information technology industry and the remaining are from …
Keywords:
Return on Capital Employed, Working Capital Turnover, Current Ratio, Days’ Inventory Outstanding, Day’s Sales Outstanding, Days’ Payable Outstanding, Cash Conversion Cycle, IT and Telecom Industry and India