Browsing Working Papers by Author "Pandey, I. M."
Now showing items 1-20 of 31
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Capital expenditure planning and control: a survey of Indian Practice
Pandey, I. M. (2010-03-14)The purpose of the study was to find out the policy and practice of Indian companies regarding various phase of the capital expenditure planning and control, and to ascertain corporate executives' opinion on the linkage ... -
Capital structure and the firm characteristics: evidence from an emerging market
Pandey, I. M. (2010-01-16)We examine the determinants of capital structure of Malaysian companies utilizing data from 1984 to 1999. We classify data into four sub-periods that correspond to different stages of Malaysian capital market. Debt is ... -
Capital structure decision-making process in DFIS: a case study
Pandey, I. M. (2010-07-27)The focus of the paper was on understanding the process of capital structure management of development finance institutions (DFIs) using the Industrial Credit and Investment Corporation of India as a case study. The results ... -
Capital structure policies of companies in an emerging economy: a study of THAI companies
Pandey, I. M.; Chotigeat, T.; Manjeet, Manoj K. (2010-04-03)This paper addresses to the question: How do firms in emerging economy choose their capital structure? Thai firms capital structures were empirically investigated to find their patterns over the period of the country s ... -
Case for disallowing interest deductibility and reducing corporate tax rate
Pandey, I. M. (2010-03-12)Tax deductibility of interest cost seems to be the major reason for the existing very high level of corporate borrowings in India. It is therefore suggested in this paper that interest cost may be disallowed as a deductible ... -
Comparative financial systems: financial liberalisation, the black market exchange rate and demand for money in south koria,taiwan and thailand
Chotigeat, T.; Pandey, I. M. (2009-12-12)Central to the unbridled economic success of the Pacific-Rim countries is their financial liberalisation from 1981 to 1990, their ratio of M2/ (measure of the depth of the financial sector) is as large as the M2/GDP of the ... -
Corporate Dividend Policy and Behaviour: The Malaysian Experience
Pandey, I. M. (2009-09-02)This study examines corporate dividend behaviour of the Kuala Lumpur Stock Exchange (KLSE) companies. Our results show the influence of industry on payout ratios. Payout ratios also vary significantly across time. The ... -
Dividend behaviour of Indian companies under monetary policy restrictions
Bhat, Ramesh; Pandey, I. M. (2010-04-05)In this study we examine the dividend behaviour of Indian companies. We use GMM estimator, which is the most suitable methodology in a dynamic setting. Our results show that the Indian firms have lower target ratios and ... -
Dividend decision: a study of managers perceptions
Bhat, Ramesh; Pandey, I. M. (2010-03-25)In finance literature several theoretical constructs have been proposed to explain the dividend policy of a company. Several empirical studies have been conducted to test these theories. Very few attempts have been made ... -
Efficient market Hypothesis: understanding and acceptance in India
Bhat, Ramesh; Pandey, I. M. (2010-03-22)In Spite of Some empirical evidence in favour of the capital market efficiency in weak form and mildly in favour of semi-strong form, the ca[pital markets participants allege that the market is excessively speculative and ... -
Estimation of social time preference rate for India and its public policy implications
Tewari, D. D.; Pandey, I. M. (2010-03-27)This paper estimates the social time preference rate for India using DMVL model. The findings of the study suggest that public investment in India has been grossly mis-allocated. The current problems of Indian economy can ... -
The expected stock returns of Malaysian firms: A panel data analysis
Pandey, I. M. (Indian Institute of Management Ahmedabad, 2001-09-01)We used panel data set of 1729 observations (247 Malaysian companies listed on the Kuala Lumpur Stock Exchange for 1993-2000) to identify variables that could explain expected returns of Malaysian stocks. Our results are ... -
Financial goals and company performance a study of companies in India
Pandey, I. M.; Bhat, Ramesh (2010-03-27)The objectives of the study were (a) to find out the financial goals structure and the relative significance of the financial goals pursued by companies in India and (b) to examine if a company's financial performance was ... -
Financial goals choices and performance of firms in Malaysia
Pandey, I. M. (2010-04-06)The objectives of the study are (a) to ascertain the financial goals pursued by companies in Malaysia and (b) to find out the relationship between firms’ financial performance and stated financial goals. Data on the ... -
Financial goals: survey of experiences in India
Pandey, I. M.; Bhat, Ramesh (2010-03-22)The Study aimed to test the existence of multiple financial goals and to find the relative significance of the financial goals pursued by companies in India. A questionnaire was sent to companies listed in the Investorsz ... -
Financial management in French - Thai joint ventures: an exploratory study
Pandey, I. M.; Gupta, Jyoti P.; Yu Win, Khin Yu (2009-12-14)This study, using a case study approach, focuses on the financial management practices and issues of two French-Thai joint ventures Danone (Thailand) Company and Prestia Lafarge (Thailand) Company. Danone is a consumer ... -
Financial management research in India
Pandey, I. M. (2010-03-20)This review article has attempted to highlight the trends in financial management research in India. It has shown how methodologies such as regression analysis, factor analysis, multiple discriminant analysis, control ... -
Financial ratio patterns in Indian manufacturing companies: a multivariate analysis
Pandey, I. M.; Bhat, Ramesh (2010-03-21)The objectives of the study were: (a) to present Indian evidence on empirical-based classification of financial ratios, and (b) to examine the intertemporal stability/change of classification of ratios so obtained for the ... -
Is the Taiwan stock market efficient
Gupta, Jyoti P.; Pandey, I. M.; Chao-Fu, Chen (Indian Institute of Management Ahmedabad, 1998-12-01)The main objective of the Taiwan Government in reforming the Taiwan Stock Exchange (TSE) has been to establish Taiwan as an Asia-Pacific financial centre. The liberalisation and internationalisation of TSE is expected to ... -
Lease accounting practies in India
Pandey, I. M.; Brahmaiah, B. (2010-07-27)Accounting for leases is a debatable subject in spite of variety of standards having been issued by the professional accounting bodies all over the world. Two important issues relate to the treatment of lease rentals and ...