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Now showing items 11-19 of 19
The Question of Land and Infrastructure Development in India: Urgently Required Reforms for Fairness and Infrastructural Development
(2011-05-26)
Land in India is problematic largely because of archaic and perverse provisions in the practice and the law. The new Land Acquisition Amendment Bill does go some way to correct the anti-democratic and imperial provisions ...
Price and Volatility Spillovers across North American, European and Asian Stock Markets: With Special Focus on Indian Stock Market
(Indian Institute of Management Ahmedabad, 2008)
This paper investigates interdependence of fifteen world indices including an Indian market index in terms of return and volatility spillover effect. Interdependence of Indian stock market with other fourteen world markets ...
Impact of the Introduction of Call Auction on price discovery: Evidence from the Indian Stock Market Using High-Frequency Data
(2010)
Call markets are claimed to aggregate information and facilitate price discovery
where continuous markets may fail. Its advantage, however, comes at the cost of imme-
diacy. Possibly due to faulty design or due to \thick ...
Relative effectiveness of signals in IPOs in Indian Capital Markets
(Indian Institute of Management Ahmedabad, 2001-09-01)
IPO by a firm calls for assessment of potential agency problems and associated costs by the outside investors. The potential conflict of interest problems between insiders and outsiders could be very high in countries with ...
Estimation of bid-ask spread and its components in Indian stock market using trade prices
(IIM Ahmedabad, 2013-11)
In the absence of order-book data and limited information on quoted bid-ask spreads in the Indian stock market, this paper attempts to analyze the bid-ask spread in Indian market by estimating bid-ask spreads and its ...
Lender moral hazard in state-owned banks: evidence from an emerging economy
(Indian Institute of Management Ahmedabad, 2018-07-04)
We examine the credit risk-choices of the public sector banks (PSBs) in India with a novel dataset that is able to trace the borrowers to their banks. We determine the likelihood of the ownership type of the lender bank ...
Does GST in India hurt producing regions? A new estimate of the tax base under GST of select states
(Indian Institute of Management Ahmedabad, 2019)
GST as introduced in India being a destination based tax, does not encourage regions to vigorously promote manufacturing and tradable services industries. Being in the midst of its economic transformation, and given the ...
Impact of the proposed GST on the consumer price index in India
(Indian Institute of Management Ahmedabad, 2018)
Fears that the movement to GST would add to inflation have been unfounded. In this study we ex-ante estimate the impact the movement to GST would have on inflation and show that it would be very marginal at best. The ...
A minimum buyback requirement in open market repurchases: impact on the signalling role
(Indian Institute of Management Ahmedabad, 2021-04-02)
The paper investigates the impact of the imposition of a minimum buyback requirement on open market repurchases in India. We find that the regulatory change has led to a significant increase in the abnormal stock returns ...