Application of k-Laplace transform to estimate the time value of money in quantitative finance

Author V. R. Lakshmi Gorty Abstract In this study, the fractional Laplace transforms is shown to be more useful to deduce existing value rules. Not many analytic solutions exist for present value problems; with k-Laplace transforms, some of the closed form solutions are efficient. The boundary of the integral is from 0 to some finite Read More …

Nature of Relationship Between Inflation and Savings: Evidence from India

Author – Madhunika Iyer, under the Guidance of Dr. Shreya Biswas Abstract This paper investigates the importance of inflation in explaining the recent slowdown in savings in India using time series data for the period 1971-2015. Using Autoregressive Distributed Lag Co-integration technique, it was estimated that in the long-run, inflation has a negative impact on Read More …

The True Legacy of Communism

Author MAHFUZ R. CHOWDHURY Abstract The socio-economic system that we used to live in was known as capitalism, where people could use their private properties for their personal gain. With the advent of the industrial revolution in the late eighteenth century, the exploitation of the labor class under capitalism became very prominent. To counter this, Read More …

Empirical Evidence of Corporate Governance Disclosures and Board Size Modular with Financial Performance in select IT Companies in India

Author SAURABH KUMAR TWINKLE PRUSTY Abstract This paper investigates the relationship and impact of board size and corporate governance disclosures of selected listed Indian IT companies on their financial performance using data for five companies over a single period of 2014 to 2015. Using structure equation modelling, the study demonstrates the extent to which board Read More …

Transformational Leadership behaviours, Public Policy and Policy Actors: A Theoretical Perspective

Abstract Public policies are a medium through which governments solve problems of the people, society and nation. Public policies are universally used to promote the objectives of the state. They essentially originate from the political executive but can also be promoted by bureaucracy, judiciary and various interest groups. The process of how policies are made Read More …

A Case for Sector-Specific Start-up Ecosystem

Abstract Entrepreneurship is neither novel, nor so trendy as to be presented as a universal panacea; however, politicians of all hues have some “policies” to promote high-value entrepreneurship – the left supports subsidies in greenfield areas such as environment-friendly technologies and bio-technology, while the right favours tax breaks. However, all agree that start-ups must be Read More …