Financing Firms in India
Financing Firms in India

Author:

Publisher: World Bank Publications

Published: 2006

Total Pages: 67

ISBN-13:

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"The authors examine the legal and business environments, financing channels, and governance mechanisms of various types of firms in India and compare them to those from other countries. Despite its English commonlaw origin, strong legal protection provided by the law, and a democratic government, corruption within India's legal system and government significantly weakens investor protection in practice. External financing of firms has been dominated by nonmarket sources of financing, while the characteristics of listed firms are similar to those from countries with weak investor protection. The evidence, including results based on a survey of small and medium-scale private firms, shows that alternative financing channels provide the most important source of funds. The authors also find that informal governance mechanisms, such as those based on reputation, trust, and relationships are more important than formal mechanisms (such as courts) in resolving disputes, overcoming corruption, and supporting growth. "--World Bank web site.

Financing Firms in India
Financing Firms in India

Author: Franklin Allen

Publisher:

Published: 2006

Total Pages: 72

ISBN-13:

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"The authors examine the legal and business environments, financing channels, and governance mechanisms of various types of firms in India and compare them to those from other countries. Despite its English commonlaw origin, strong legal protection provided by the law, and a democratic government, corruption within India's legal system and government significantly weakens investor protection in practice. External financing of firms has been dominated by nonmarket sources of financing, while the characteristics of listed firms are similar to those from countries with weak investor protection. The evidence, including results based on a survey of small and medium-scale private firms, shows that alternative financing channels provide the most important source of funds. The authors also find that informal governance mechanisms, such as those based on reputation, trust, and relationships are more important than formal mechanisms (such as courts) in resolving disputes, overcoming corruption, and supporting growth. "--World Bank web site.

Corporate Vulnerabilities in India and Banks' Loan Performance
Corporate Vulnerabilities in India and Banks' Loan Performance

Author: Peter Lindner

Publisher: International Monetary Fund

Published: 2014-12-19

Total Pages: 19

ISBN-13: 1498341071

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The financial performance of India's corporate sector has been under pressure since the Global Financial Crisis. Balance-sheet data on a large cross-section of Indian non-financial corporates show that the growth in their leverage over the last 15 years has been associated with a notable increase in the vulnerabilities of firms carrying high interest payment burdens. Gauged by the debt carried by the most vulnerable component of firms, the Indian corporate sector’s vulnerability to severe systemic shocks has increased to levels not seen since 2001. Progress on the macroeconomic front, together with improved credit appraisals and stricter impairment standards on the bank side, will be critical to help India's banks resume their role as economic growth drivers.

Indian Financial Markets
Indian Financial Markets

Author: Ajay Shah

Publisher: Elsevier

Published: 2008-09-30

Total Pages: 259

ISBN-13: 0080559948

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The whole world wants to invest in India. But how to do this successfully? Written by two Indian financial experts with a seasoned expert of the Chicago Mercantile Exchange, this book tells you the why and how of investing in India. It explains how India's financial markets work, discusses the amazing growth of the Indian economy, identifies growth drivers, uncovers areas of uncertainty and risk. It describes how each market works: private equity and IPOs, bonds, stocks, derivatives, commodities, real estate, currency. The authors include a discussion of capital controls in each section to address the needs of foreign investors. Learn about the the markets, the instruments, the participants, and the institutions governing trading, clearing, and settlement of transactions, as well as the legal and regulatory framework governing financial securities transactions. - Written by two life-long insiders who can explain India's financial markets to outsiders - Clear and comprehensive coverage of this economic powerhouse - Caters to the needs of foreign investors

Costs of Democracy
Costs of Democracy

Author: Devesh Kapur

Publisher: Oxford University Press

Published: 2018-06-13

Total Pages: 383

ISBN-13: 019909313X

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One of the most troubling critiques of contemporary democracy is the inability of representative governments to regulate the deluge of money in politics. If it is impossible to conceive of democracies without elections, it is equally impractical to imagine elections without money. Costs of Democracy is an exhaustive, ground-breaking study of money in Indian politics that opens readers’ eyes to the opaque and enigmatic ways in which money flows through the political veins of the world’s largest democracy. Through original, in-depth investigation—drawing from extensive fieldwork on political campaigns, pioneering surveys, and innovative data analysis—the contributors in this volume uncover the institutional and regulatory contexts governing the torrent of money in politics; the sources of political finance; the reasons for such large spending; and how money flows, influences, and interacts with different tiers of government. The book raises uncomfortable questions about whether the flood of money risks washing away electoral democracy itself.

India's Financial Globalisation
India's Financial Globalisation

Author: Ila Patnaik

Publisher: International Monetary Fund

Published: 2011-01-01

Total Pages: 26

ISBN-13: 1455211850

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India embarked on reintegration with the world economy in the early 1990s. At first, a certain limited opening took place emphasising equity flows by certain kinds of foreign investors. This opening has had myriad interesting implications in terms of both microeconomics and macroeconomics. A dynamic process of change in the economy and in economic policy then came about, with a co-evolution between the system of capital controls, macroeconomic policy, and the internationalisation of firms including the emergence of Indian multinationals.Through this process, de facto openness has risen sharply. De facto openness has implied a loss of monetary policy autonomy when exchange rate pegging was attempted. The exchange rate regime has evolved towards greater flexibility.

Oswaal Indian Economy for UPSC civil services preliminary and main examinations by Pratik Gupta
Oswaal Indian Economy for UPSC civil services preliminary and main examinations by Pratik Gupta

Author: Oswaal Editorial Board

Publisher: Oswaal Books

Published: 2024-09-17

Total Pages: 337

ISBN-13: 9362397994

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Benefits of the book which distinguish it from others: ➡️ Comprehensive Coverage of the Annual Budget and Economic Survey: with the annual budget for 2024–25 and the economic survey for 2023–24, as presented by the Ministry of Finance in July 2024. ➡️ UPSC-Ready: With carefully curated solved questions for both prelims and mains, along with additional practice questions for the mains exam. ➡️ Simplified Explanation of Complex Economic Concepts: With real-life examples, difficult concepts can be simplified, making them accessible and comprehensible to all students, regardless of their prior knowledge. ➡️ Logical and Student-Friendly Topic Arrangement: All topics in the book are systematically arranged and explained in a logical sequence, ensuring that even students from non-economic backgrounds can grasp the material with minimal effort."

Mumbai - An International Financial Centre
Mumbai - An International Financial Centre

Author: India. Ministry of Finance. High Powered Expert Committee

Publisher: SAGE

Published: 2007-04-19

Total Pages: 286

ISBN-13: 9780761936305

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The Ministry of Finance, Government of India established a High Powered Expert Committee in 2006 to study the feasibility of India's entry into the global market for international financial services and that of Mumbai becoming an international financial center. The Committee's report analyses Mumbai's strengths and weaknesses in terms of the above seven key factors essential for the success of an IFC. The report strives to deliver a nuanced appreciation of the likely costs and benefits of the path to an IFC, based on an understanding of which policy-makers can make a reasoned choice.