Mandatory 30% Dividend Payout to Government of India by Central Public Sector Units: is it Justified?

Abstract Dividends are an important financial measure for signalling the prevailing health of a company to shareholders, investors, lenders and for the market to gauge the conservatism/ aggression and soundness of a company with respect to future growth. The dilemma that decision-makers are perennially confronted with is the quantum of dividend disbursement and the ‘Now Read More …

American Stress Scenario Debilitates the Minds: Was it Avoidable with PPP Moves?

Abstract The paper deals with changes in the modern US economy in the New Millennium. Some of these are impacting the personal lives of people – infants, children, the youth, the middle-aged executives, as well as the aged and retired. The challenges result in stress, which is clearly apparent, especially when compared with the not-so-fast Read More …

A Study on Performance Evaluation of Equity Linked Saving Schemes (ELSS) of Mutual Funds

Abstract A mutual fund is a company that pools money from a group of investors and invests the money in different types of securities such as stocks, bonds, debt, etc. Mutual fund is one of the fastest growing sectors in India and it plays a significant role in the Indian capital market. Equity linked saving Read More …

Emerging Structural Response of the Corporate Sector – Early evidence on Mandatory Commitment

Abstract Sustainability is expected to be the essence of antecedents, process and the outcomes of any business. It is a marked change since the oft-quoted statement that social responsibility of business is to increase its profits (Friedman 1970). In line with the globally sweeping attitudinal transformation, the Indian corporate sector too witnessed a major structural Read More …

Sustaining Earth: Bringing Law, Society and Sustainable Development Together

Abstract The world is facing an unprecedented crisis of sustaining life and the earth. There is the need to have a balance between sustainability and governance, and between traditional patterns of ‘conflict’ and contemporary need for ‘cooperation’ in international affairs. It is graver than what is generally understood. Contemporary ‘urgency’ to cope with the issues Read More …

Trade Liberalization and Inequality: Re-examining Theory and Empirical Evidence

Abstract This paper re-examines the theoretical and empirical evidence regarding the impact of trade liberalization on income inequality and attempts to identify areas for future research. Since the 1980s, there has been a rise in inequality in both the developed and developing world. This was also the time when many developing countries liberalised their trade Read More …