Articles liés à Collected Papers on Credit and Finance

Collected Papers on Credit and Finance - Couverture souple

Bhole, L. M.

 
9783938054147: Collected Papers on Credit and Finance

Synopsis

The volume on Collected Papers on Credit and Finance contains twenty-eight research papers on the themes such as the importance, evolution, and drawbacks of the Indian capital market, inflation and equity returns, financial derivatives, global depository receipts, working capital management, financial structure and dividend policy of the corporates, trade credit, appraisal of financial sector reforms, and Grameen Bank. Although the focus of discussion in the papers is primarily on the Indian economy, the international context also has been referred to whenever possible and relevant. As hardly any research-based book on corporate finance is available in India at present, the present volume would help to fill this gap in the literature on Indian corporate finance. EXCERPT (Capital Market As Infrastructure, p. 1): Economic growth of any country depends, among other things, on the existence of highly developed infrastructure. Infrastructure refers to the system of public services which may be said to form the basis of development. Transport, power, communications, irrigation, educational institutions, are some of the constituents of the overall infrastructure of the economy. If these economic overheads are absent or highly underdeveloped, a number of bottlenecks would emerge in the normal process of economic growth, with the result that growth would suffer either in speed or in size. From this point of view, a well integrated and efficiently functioning capital market is essential in order to increase the rate of capital formation which, in turn, is a basic precondition for the economic growth.

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À propos de l'auteur

Laxman Madhao Bhole is Professor in the Department of Humanities and Social Sciences, IIT Bombay. After graduating from Poona University in 1965, he obtained his M.A. in Economics from Bombay University in 1967. He obtained Ph.D. from Bombay University in 1971 and joined Sydenham College, Bombay, where he taught for two years. He joined IIT Bombay in1973 and was the Head of the Department of Humanities and Social Sciences during 1989-92. He was awarded Maharashtra Government Open Merit Scholarship, Ford Foundation Scholarship, and UGC Fellowship for pursuing his studies at various levels. He visited the Institute for Studies in Economic Development, Naples, Italy for six months on an Italian Government scholarship. Prof. Bhole has been teaching Economics for more than 35 years. A prolific writer, Prof. Bhole has many books, and over 125 research articles published in books and reputed journals, to his credit. His books are: (1) Investment, Interest, and Monetary Policy in India (1974); (2) Impacts of Monetary Policy (1985) (3) Financing of the Private Corporate Sector: Trends, Issues, and Policies (2000); (4) Essays on Gandhian Socio-Economic Thought (2000); (5) Financial Institutions And Markets: Structure, Growth, And Innovations (Fourth Ed.) (2004); (6) Collected Papers on Money, Interest, and Monetary Policy (2007); (7) Collected Papers on Credit and Finance (2007), (8) Collected Papers on Gandhian Thought (2007); (9) Unemployment, Inequality, Entrepreneurship, and other Collected Papers (2007).

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