The localization of Foreign Direct Investment (FDI) to a few economies represents a puzzling aspect of international business. We study the provision of public infrastructure as a determinant of such localization. We employ unique data at the district level in India. We identify using variation:...

The goal of the present chapter is to review the extant literature to summarize and outline the broad contours of the work around monetary transmission channels in India as well as shed light on some of the key features and changes in the Indian financial system with an attempt to broadly link...

The paper discusses the “interaction factor” between the board of directors and the auditors in light of the Kotak Committee report on corporate governance and the two-year ban on PwC. Quality of auditing has been a relatively late discovery of corporate governance reforms in India. The...

Given India's growing importance as a major emerging market, understanding the initial public offering (IPO) market in India is important in itself for the global investor. In addition, by providing an institutional context that is largely similar to the US setting but different in a few small...

The proposed paper discusses the evolution of corporate governance norms in India since the liberalization of the Indian economy, touching upon the Kumar Mangalam Committee Report, the Narayana Murthy Committee on Corporate Governance and clause 49 of the Listing Agreement. In particular, it...

This chapter reviews the evidence on various aspects of M&A activities to, in, and from a single large emerging market economy, India. The purpose and justification for focusing on exclusively Indian M&As is to be bring out a few of the special features of emerging economy M&As found in the...

The authors examine the legal and business environments, financing channels, and governance mechanisms of various types of firms in India and compare them to those from other countries. Despite its English commonlaw origin, strong legal protection provided by the law, and a democratic...