This paper examines the idiosyncratic volatility (IV) puzzle in the Indian stock market for the period 1999–2014. Univariate and bivariate sorting, as well as cross-section regressions, suggest a positive relation between idiosyncratic volatility and future stock returns. However, this...

In view of the potential role of venture capital in promotion of entrepreneurship and innovation, USA and many European nations have accorded top priority to the development of venture capital. The literature review of this paper discusses the problems faced by entrepreneurs in raising funds for...