Now showing items 1-18 of 18

    • Behaviour of integers: some peculiar properties 

      Raghunathan, V. (2010-07-27)
      The intention of this paper is to highlight certain latent and interesting characteristics of natural numbers and their higher powers vis-a-vis the ultimate sum (single digit sum) of the digits in such integers and their ...
    • Comments on SEBI's draft takeover code 

      Varma, Jayanth R.; Raghunathan, V.; Bhatt, M. C. (2010-03-31)
      In this paper an attempt has been made to comment on the contents of the Draft Regulation for `Substantial Acquisition of Shares in Listed Companies’ of SEBI (Consultative Paper 1). The authors broadly concur with the ...
    • Corporate performance - post liberalisation 

      Raghunathan, V.; Das, Prabina (2009-12-12)
      The Economic reform process initiated by the Government of India since July 1991 envisaged a major shift from an over regulated and protected regime to a deregulated and market oriented system. The period since 1991 has ...
    • CRISIL Rating: When does AAA mean B? 

      Raghunathan, V.; Varma, Jayanth R. (2010-03-22)
      In this paper an attempt is made to assess the quality of credit rating function being performed by CRISIL, hitherto the sole credit rating agency in India. The paper attempts to answer, two important questions, namely: ...
    • Effect of changing taxation and depreciation policies on the leasing industry 

      Barua, Samir K.; Raghunathan, V. (2010-03-18)
      In the recent years the government's policy of reducing the corporate tax rate and increasing the depreciation rate has been welcomed by the industrial sector. The changes so obviously benefit the sector that it appears ...
    • IIMA today- a case of depleted networth 

      Raghunathan, V. (2010-03-29)
      Institution building is only one phase of the institutional life cycle. After an institution is built, it must grow, and mature with a healthy long life. Thus, aspects of institution maintenance, and arresting of institution ...
    • Implications of changes in the holding period and other parameters on systematic risk and performance of a security 

      Barua, Samir K.; Madhavan, T.; Raghunathan, V. (2010-03-22)
      The Capital Asset Pricing Model is a single period model which specifies a linear relationship between return on an asset and return on the entire market. The model is widely used in literature as if a portfolio of securities ...
    • Inflation hedge in India: stocks or bullion 

      Barua, Samir K.; Raghunathan, V. (2010-03-13)
      At a time of runaway inflation, when nothing seems to contain the pace of its gallop, it might be pertinent to look around for an investment which may shield the value of the investor's money against the devaluing onslaught ...
    • Investment opportunities and Gordon's stock valuation model - a note 

      Raghunathan, V.; Srinivasan, G. (2010-03-14)
      The traditional stock valuation model incorporating growth opportunities, fails to recognise the investment opportunities constraint. As a result the conventional model fails to provide an optimum reinvestment ratio and ...
    • ISO 9000 linked tax incentive: a better leverage point for growth 

      Morris, Sebastian; Raghunathan, V. (2010-03-26)
      The efficiency and efficacy of government instruments in implementing policy have been particularly problematic in India. For instance, the incentives, mostly fiscal, to boost been linked to investments, e.g., development ...
    • Issues in accounting standards setting processes in India 

      Agrawal, Rajesh; Raghunathan, V. (Indian Institute of Management Ahmedabad, 1998-10-01)
      The paper critically examines the accounting standards setting process in India and compares the Indian process with the processes prevailing elsewhere in the world. The paper concludes that the Indian standards setting ...
    • Lease Evaluation-yet Again 

      Raghunathan, V. (2012-10-01)
    • Market valuation model under differential taxes inflation recurring investments and flotation costs 

      Raghunathan, V.; Varma, Jayanth R. (2010-03-22)
      The extent literature on valuation identifies several important variables affecting the value of a firm. These include, corporate and personal taxes, reinvestments, leverage, dividend policy, and inflation. But, most of ...
    • Modelling credit risk in Indian bond markets 

      Varma, Jayanth R.; Raghunathan, V. (2010-01-16)
      Government bonds are subject only to interest rate risk. However, corporate bonds are subject to credit risk in addition to interest rate risk. Credit risk subsumes the risk of default as well as the risk of an adverse ...
    • Narasimham committee report: some further ramifications and suggestions 

      Varma, Jayanth R.; Raghunathan, V.; Korwar, A.; Bhatt, M. C. (2010-03-31)
      This paper while agreeing with the general thrust of the Narasimham Committee Report, calls attention to some logical corollaries of the Report and analyses some possible fallout from implementing the Report. We agree ...
    • On WACC specifications and capital structure decisions: some conceptual propositions for practicing managers 

      Korwar, Ashok; Raghunathan, V. (2010-03-26)
      Recent advances in our understanding of capital structure decisions have not yet made their mark upon our capital budgeting techniques and practices. This paper attempts to bridge this gap. In doing this, it offers a ...
    • Project is a compound - not a mixture conceptual problems in valuation 

      Raghunathan, V.; Srinivasan, G. (2010-03-19)
      There is considerable literature in the field of finance concerning the valuation of negative cash flows. Consequently, it is widely held that a project should be valued by valuing each component of the project's cash ...
    • Target debt maintenance under alternative net present value specifications and implications for investment and finance decisions 

      Raghunathan, V.; Srinivasan, G. (2010-03-22)
      Two alternative specifications of weighted average cost of capital are prevalent in finance literature. Though both the specifications result in consistent accept/reject or ranking decisions the net present value arrived ...