Showing 1 - 10 of 45
The paper uses firms across different ownership categories to examine the factors influencing dividend policy. The results suggest that bigger, mature and low-leveraged firms tend to pay more dividends. As well, the findings suggest that bigger, less profitable and high-leveraged firms are more...
Persistent link: https://www.econbiz.de/10008871194
Using data on a sample of Indian firms from 1996-2006, we examine the effect of group affiliation on firm performance. After controlling for the differences in firm size, growth opportunities and leverage, the findings indicate that group affiliation exerts a salutary impact on firm performance,...
Persistent link: https://www.econbiz.de/10008611581
Using data on Indian state-owned banks for 1997-2007, the article tests the relationship between financial inclusion and financial fragility. The findings reveal that these variables are intertwined, with each tending to reinforce the other. More importantly, financial fragility is a non-linear...
Persistent link: https://www.econbiz.de/10008611585
Using a panel dataset of over 800 listed manufacturing firms for 1995-2005, the paper examines whether bank …
Persistent link: https://www.econbiz.de/10008611589
The article examines the evidence for credit channel on the composition of corporate finance during tight and loose periods of monetary policy, using micro-level data on Indian firms for 1995-2007. The findings provide evidence in favor of the relationship lending view, although the magnitude...
Persistent link: https://www.econbiz.de/10008615022
Using data on Indian banks for 1996-2008, the paper examines the interconnect among credit growth, bank soundness and … financial fragility. The analysis appears to indicate that higher credit growth amplifies bank fragility. Besides, the results … point to the fact that sounder banks increase loan supply. Coming to bank ownership, the evidence testifies that credit …
Persistent link: https://www.econbiz.de/10008615039
indicates that privatization improves profitability, efficiency and improves bank soundness, while lowering bank risk. While the … improvement in bank risk is typically spread out over a much longer period, the progress in terms of profitability and economic …
Persistent link: https://www.econbiz.de/10008615043
Using data on Indian listed companies for 2005, the paper examines how firm ownership relates to auditor choice. More specifically, we test several hypotheses about the links between firm ownership, auditor relationships and earnings management. The results indicate that firms having high...
Persistent link: https://www.econbiz.de/10009001178
Scheduled Commercial Banks in India. Among the explanatory variables, we incorporate, in addition to the standard set of …-performing assets is uniformly important across all bank groups in influencing spreads. …
Persistent link: https://www.econbiz.de/10009294690
The paper examines the impact of firms exhibiting political connection on their stock market performance. The results appear to suggest that the performance of ‘political’ stocks has been significantly weak. This is apparent in simple univariate tests that compare the political stocks across...
Persistent link: https://www.econbiz.de/10009295266