Volume 12
Predictive Ability of Operating Cash Flow and Earnings on Future Cash Flow of Nse-Listed Firms
Mwila J. Mulenga, Meena Bhatia
ABSTRACT The study examines the predictive ability of current operating cash flow and earnings on the future operating cash flow of the National Stock Exchange-100 listed firms in India. It is a 15 years (2001 to 2015) study and has 1,120 firm-year observations. The ordinary least squares method is used to improve the accuracy fixed effect model and a Random effect model are used. Evidence suggests that the current operating cash flows explain future cash flow better than current earnings, which contr...
Volume 12
Tax Provision by International Subsidiaries of Indian Extractive Industry Multinationals: Do Environmental Pollution and Corruption Matter?
Khanindra Ch Das, Mantu Kumar , Mahalik , Perry Sadorsky
ABSTRACT Outward foreign direct investment in the extractive industry increases the availability of metals and minerals that run the economic engine in the home country. It is unclear, however, whether tax provision by subsidiaries of emerging multinationals in extractive sectors respond to environmental pollution and corruption in the host country. In this paper we examine the tax provision in the host countries by subsidiaries of private sector based emerging multinationals in the extract...
Volume 12
Analyzing the Impact of Covid-19 on Indian Stock Market Efficiency: Sectoral Behaviour
Shailu Singh, Ashutosh Yadav , Madhavi Moni K , Avnish Agarwal , Sandhya Pradhan
ABSTRACT The study examines the impact of the COVID-19 pandemic on the Indian stock market, providing insights for informed investment decisions. It analyses efficiency and behavior across eight crucial sectors during two distinct periods: prepandemic (Period 1: February 15th, 2018 to February 14th, 2020) and pandemic (Period 2: February 17th, 2020 to February 15th, 2022). Addressing a literature gap on sector-wise pandemic effects, the study contributes valuable knowledge to investors and policymaker...
Volume 12
Analysing Delhi’s Prosperity: A Brief Commentary
Kanupriya
ABSTRACT Delhi is a historical hub for regional, national and international commerce and a place for the socio-political elites. The city is widely considered to be prosperous. This study is an attempt at understanding Delhi’s affluence using both existing literature and data from Aspirational India, Consumer Pyramids Household Survey, 2024, Economic Survey of Delhi, 2023–2024 and Multiple Indicator Survey, 2020–2021. The city of Delhi faces significant challenges in terms of housing quality, ac...
Volume 12
Revisiting the Interest Rate-Investment Nexus in India: Fresh Perspective from Non-Parametric Analysis
Riya Bindra, Amrendra Pandey , Pooja Misra , Jagdish Shettigar
It is generally believed that business spending on capital expenditure tends to decrease as interest rates rise, and vice versa, this is not always the case. The previous literature produces inconclusive results vis-à-vis the interest rate and investment nexus. This study analyzes the responsiveness of investment to changes in high and low levels of interest rates in India through a quantile-based, non-parametric method utilizing annual data from 1980 to 2022.This study uses Quantile-on-quantile (QQ) te...
Volume 12
Well-being among health care professionals: A hybrid review, integrative framework, and research agenda
Sachin Tyagi, Shreya Mishra , Ajoy K Dey
High levels of stress and burnout are common mental health issues among health care professionals (HCPs), which were exacerbated during the COVID-19 pandemic. These issues hinder the well-being of HCPs, resulting in failures in health care systems. Despite being a crucial phenomenon, there is a lack of comprehensive and consolidated review of well-being among HCPs. This study addresses this research gap by conducting a hybrid systematic review of well-being in healthcare research. By employing the Prefer...