Paradoxical Performance – Indian Power Sector in need of interventions

Abstract The Indian Power Sector responded positively to the policy reforms initiated in 1991 in the economic and industrial sectoral domains. The opening up of the power sector witnessed immediate interest and caused almost a gold rush kind of situation. Though the enthusiastic entry happened in tranches that are separated by settling period, overall the Read More …

Transformation of NMIMS – A Case Study on making of an Institution

Institutions are an outcome of a leader’s dream, vision and strategy. In the context of knowledge organizations like educational institutions, which involve talent management, its intangibility, values and culture define the institution. These characteristics differentiate it from all other forms of organization. For example, the culture of collegiality and consensus building helps in making a Read More …

The Long and the Short of It: Do Public and Private Firms Invest Differently?

Abstract Using data from U.S. corporate tax returns, which provide a sample representative of the universe of U.S. corporations, we investigate the differential investment propensities of public and private firms. Re-weighting the data to generate observationally comparable sets of public and private firms, we find robust evidence that public firms invest more overall, particularly in Read More …

A note on Earth based Jurisprudence and Ecological Economics¹

Context Formal disciplines evolve in the context of power and established knowledge practices. Neo-classical economics is presently taught in most mainstream institutions across the world. Ecological economics (EE) is largely a sub-discipline tagged to the broader curriculum. Increasingly, “environmental economics” is offered as an elective at the undergraduate level but conceptually the syllabus is an Read More …

Impact of Demonetisation on Industries in India – An Event Study Approach

Abstract This paper examines the impact of demonetisationon different industry sectors in India. The event ‘demonetisation’, which declared the 1000 and 500 rupee notes in India as illegal tender, was announced on 8th November, 2016. In this paper, we attempt to analyse the impact of the aforementioned event using Event Study Methodology on various industry Read More …