Purpose: The purpose of this paper is to examine the capital structure determinants and speed of adjustment (SOA) toward the target capital structure of firms. Design/methodology/approach: The study has used the generalized method of moments (GMM) model and two-stage least squares (TSLS) to the...

Purpose – Memorandum of Understanding (MoU) has been conceived as an instrument to quantify/assess social and commercial obligations/performance of central public sector enterprises (PSEs) in India. The purpose of this paper is to measure the financial performance of the MoU PSEs and to...

Purpose – The purpose of this paper is to understand current practices in capital budgeting (including real options) in Indian companies and provide a normative framework (guidelines) for practitioners (based on our findings and literature reviewed). Design/methodology/approach – A...

Capital budgeting decisions affect the profitability of a business organization. Since these decisions are related to fixed assets, they have direct bearing on earnings since it is fixed assets which earn profits for the enterprise. Besides, these decisions relate to the commitment of large...

The objective of this paper is to examine whether there are significant variations in the profile of debt‐financing as a result of differences in industry, size and age group of the sample corporate enterprises in India. It also ascertains the trend in debt financing practices among the...

Purpose The purpose of this paper is to find out the best method for forecasting European Union Allowance (EUA) returns and determine its price determinants. The previous studies in this area have focused on a particular subset of EUA data and do not take care of the multicollinearities. The...

Purpose – The purpose of this paper is to assess the informational efficiency of S&P CNX Nifty index options in Indian securities market. The S&P CNX Nifty index is a leading stock index of India, consists of 50 most frequently traded securities listed on NSE. For the purpose, the study covers...

Purpose – Machine scheduling plays an important role in most manufacturing industries and has received a great amount of attention from operation researchers. Production scheduling is concerned with the allocation of resources and the sequencing of tasks to produce goods and services....

Purpose – The purpose of this paper is to solve a flexible job shop scheduling problem where alternate machines are available to process the same job. The study considers the Flexible Job Shop Problem (FJSP) having n jobs and more than three machines for scheduling. Design/methodology/approach...

Purpose – The purpose of this paper is to develop a methodology using quality function deployment (QFD) approach for aligning competitive strategy with supply chain strategy. Design/methodology/approach – QFD and utility‐based optimization approach are employed to achieve strategic fit...