Short-termism or market myopia hypothesis, which posits a negative trade-off between dividend payments and research and development (R&D) investments of corporate firms, forms the basis of our paper. Factors influencing the dividend gap between R&D and non-R&D companies in India are explored and...

Chapter 1: Introduction -- Chapter 2: The Regime of Capital Accumulation, the Hindu Undivided Family and the Business Group in Independent India -- Chapter 3: Corporate Response to Public Policy Changes: Some Intriguing Aspects -- Chapter 4: Ownership Control and Board Governance of Indian...