This paper enquires into the persistent trade deficit against Bangladesh in India-Bangladesh bilateral trade. For this purpose, the paper examines the extent of trade similarities and complementarities between the two countries with the help of RCA indices and Cosine measures. The results show...

Purpose: The purpose of the study is to analyze motivation behind payment of cash dividend by the firms in India in presence of tax provision that discourages payment of dividend by imposing tax on firms at the time of distribution.Design/methodology/approach First, consistent with Jensen's...

Political connection of firms is an important issue not just for corporate governance of an individual firm but from macro economic standpoint for the governance of the society as a whole. In India information on political connectedness of a firm is heuristic in nature and proxied by newspapers...

Purpose – The purpose of this paper is to verify existence of political connection of firms in India. For this purpose the paper first presents a theoretical model and then tests empirically the movement of stock prices during two state elections in India. Design/methodology/approach – The...