Potential GDP Growth for China and India: What Growth Rate is Sustainable?

Author PAUL KUTASOVIC Abstract In this manuscript, we determine the sources of historic growth for the economies of India and China. Next, we estimate potential GDP growth for each country. The study concludes that India is more favorably positioned for long-term growth than China with a higher steady state growth rate. It is a large 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 …

Exchange Market Pressures in Egypt: Logit and Probit Early Warning Systems

Author Osama El-baz Abstract This paper investigates the nature of exchange market pressures in Egypt, monetary policy responses as well as the effectiveness of monetary interventions in the foreign exchange market. Empirical analysis revealed that the exchange market in Egypt has been exposed to persistent downward pressures, which has been exacerbated starting from 2011. The Read More …

Managing Innovation and exploring its impact on a Patent Portfolio

Author J. Jaya Murthy Abstract Innovation and Intellectual Property enable businesses to stay ahead in the market place. Businesses that invest in innovation around their products and processes are often faced with the challenge of managing them, so that they are able to monetize these innovations. Here, we will look at a case study to Read More …

Testing Capital Assets Pricing Model as a Tool for Predicting Stock Returns: An Empirical Study in the Indian Context

Author ABHAY RAJA PRIYA CHOCHA NITA LALAKIYA Abstract Capital Assets Pricing Model (CAPM) has always fascinated researchers’ interest. It is the most researched as well as critically examined area in the field of finance. The concepts of Capital Market Line (CML) and Security Market Line (SML) are used as tools for the estimation of expected Read More …

Association of Financial Leverage with Cost of Capital and Shareholder Value: An empirical study of BSE Sensex Companies

Author BHARGAV PANDYA Abstract Purpose – The paper aims to examine the impact of financial leverage on cost of capital and shareholder value. The primary objective of the paper is to offer empirical evidence to establish whether there exists any association between financial leverage and cost of capital, and between financial leverage and shareholder value. Read More …