The objective of this study is to find out the contribution of various cultural variables on the organizational commitment. Data were collected from the public sector units located in the eastern part of India. Analysis of data revealed strong relationship between culture of the organization and...

The behaviour pattern of visionary leaders (VL) towards handling of conflict is investigated in this article. Confirmatory factor analysis (CFA) and structural equation modelling (SEM) results of a self-reported survey among 206 professionals from Indian information technology (IT) based...

In a developing country like India, the role of international trade is very significant. And, the relevance of export-led growth hypothesis in India has been the major issue of many empirical studies. But, the other aspect concerning the importance of imports in the economic growth of the...

This study examines the factors, both micro- and macro-economic, responsible for financial innovations in Emerging Markets. The possible benefits and threats of financial innovations in Emerging Market Economies are also analysed. Financial innovations lower cost of capital, reduce financial...

The development of Indian capital market in last few years has been spectacular in spite of the recent global slowdown. The objective of this paper is to explore the presence of a causal relation between capital market development and economic growth in India and to find the exact direction of...

The capital market of India has undergone radical reforms since early 1990s. Thus, it is no longer isolated from the global economic environment. Recently India has witnessed bouts of volatility in its market. Some of which have had their origin in global events such as US sub-prime crisis. In...

The sub-prime crisis of mid 2008 has revealed that financial asset price volatility has the potential to undermine financial stability. It has been observed that the financial stability is endangered more by sudden shifts in volatility rather than by a sustained increase in the level of...

The concept of efficient market hypothesis is gaining importance in the aftermath of integration of India's economy with world economies. With the increasing relevance of FIIs, an informationally efficient capital market holds far reaching implications for its stable growth as well as for the...