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 to understand the perceptions and attitudes of managers about the factors...

Two models for the stock price fluctuations are proposed. Defining a stochastic integral Y(t) for the cumulative stock price change, the first model deals with the transformed solution of the probability density function of Y(t). Introducing the serial dependence of the inputs, a semi-Markov...

A crate of Himachal tomato was obtained from Azad Mandi, Delhi. It contained 252 fruits. Each fruit was weighed and its axial dimension measured. Data of all 252 fruits was then subjected to cluster analysis, using weight and axial dimension separately as basis. The tool of Cluster Analysis...

In India, since its beginning in 1921 futures trading has been subjected to frequent intervention by the government in terms of allowing, banning and restricting its operation. As the debate on their utility for the economy as a whole, especially in terms of price stabilization, continues, the...

Health insurance policies are generally one-year policies and to remain part of the insurance poll, policyholders are required to renew their policies each year. Understanding the factors that affect the demand and renewal decisions to continue in health insurance programme is imperative for...

The taxation of dividends has generated an active debate in recent months in the media. While the industry representatives have been critical of the double taxation of dividends, the Government seems to be questioning the very premise that dividends are double taxed in India. The argument that...

The methodological problems of determining a fair economic return (“wages”) for services rendered by a group of self employed workers have been discussed. Four alternatives have been considered and their relative merits explored.

After independence, the Education Commission called for creation of new institutions to undertake the task of higher education in technology, agriculture and management. Three models of higher education were imported. In the field of technology, the ‘MIT model’ was advocated by the Sarkar...

This paper presents to management issues in implementation of mega projects. In recent years, several large projects are implemented in the country. Considerable wealth of indigenous experience and knowledge is emerging in the country in this area. Attempt is made in this paper to highlight...