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Financial management practices are likely to have a marked effect on the financial performance of a corporate enterprise. Therefore, sound financial decisions/practices can contribute towards meeting the desired objective of having profitable operations. This subject assumes paramount significance in view of the present dynamic and turbulent business environment, which has produced more intense competition and smaller profit margins across the world. In this context, the financial management practices of the corporates in India, a country with a vast potential for economic growth, can offer valuable insights. The present study explores whether there has been a major change in the financial performance (measured in terms of profitability) and financial policies/decisions of the sample companies over a fixed period (2000-2001 to 2010-2011), with a special focus on pre and post-recession analysis. It delves deeper into current research areas such as zero working capital, real options in capital budgeting, pecking order in capital structures, and clause 49 as reflected in the financial management decisions of sample companies, and provides a broader perspective by identifying trends (if any) in certain aspects of financial decision-making over the past two decades. A comprehensive study, covering all the major aspects of financial management practices, also contains an inter-sectoral study (among the sample companies) and develops an index of professionalism in financial management based on the practices of the sample companies. The book is primarily targeted at teachers/students of finance, management, commerce, accounting and related professional disciplines/fields. Practitioners/professionals will find it an invaluable text that helps guide them to better decision-making.
The book examines the market reaction to mergers and acquisitions (M&A) announcements over a period from 2003 to 2015. Mergers and acquisitions continue to be amongst the preferred competitive options available to the companies seeking to grow fast in the rapidly changing global business scenario. M&A as a growth strategy has received attention from developed as well as emerging economies. It has been extensively used by managers as an expansion strategy and also serves as an important instrument for increasing corporate efficiency. Recently, M&A has grown at a rapid pace, creating a need for research to analyze what drives this phenomenon and how it affects firms and markets. As such, this book evaluates the impact of M&A on short-term abnormal returns as well long-term financial performance. It also assesses the management view concerning the motives for undertaking M&A. In addition, the book investigates the corporate governance practices of the acquiring firms and their impact on the short- term as well as long- term performance of those firms.
Agriculture productivity, growth and regional change in post-colonial India from a spatial perspective are yet to be rigorously examined. In particular, the impacts of economic liberalisation, globalisation and deregulation are not being empirically investigated at a small-area level using advanced statistical and spatial techniques. Understanding the process of regional formation and the rapid transitioning of agricultural landscapes in the Post-Liberalisation phase is pivotal to developing and devising regional economic development strategies. This book employs advanced methods to empirically examine the key characteristics and patterns of regional change in agricultural growth and productivity. It offers insights on changes in agricultural production and practices since the colonial period through to the Post-Liberalisation phase in India. It also incorporates the key public policy debates on the progress of India's agricultural development with the aim of formulating spatially integrated strategies to reduce rapid rise in the regional convergence and to promote equitable distribution of strategic government investment.
Agriculture productivity, growth and regional change in post-colonial India from a spatial perspective are yet to be rigorously examined. In particular, the impacts of economic liberalisation, globalisation and deregulation are not being empirically investigated at a small-area level using advanced statistical and spatial techniques. Understanding the process of regional formation and the rapid transitioning of agricultural landscapes in the Post-Liberalisation phase is pivotal to developing and devising regional economic development strategies. This book employs advanced methods to empirically examine the key characteristics and patterns of regional change in agricultural growth and productivity. It offers insights on changes in agricultural production and practices since the colonial period through to the Post-Liberalisation phase in India. It also incorporates the key public policy debates on the progress of India's agricultural development with the aim of formulating spatially integrated strategies to reduce rapid rise in the regional convergence and to promote equitable distribution of strategic government investment.
Taking a conceptual approach to the subject, Concepts in Quantum Mechanics provides complete coverage of both basic and advanced topics. Following in the footsteps of Dirac's classic work "Principles of Quantum Mechanics," it explains all themes from first principles. The authors present alternative ways of representing the state of a physical system, outline the mathematical connection between the representatives of the same state in different representations, and highlight the connection between Dirac brackets and their integral forms in the coordinate and momentum representations. They also logically develop the equations of motion in Schrodinger and Heisenberg pictures. In addition, the book covers motion in the presence of potential steps and wells, bound state problems, symmetries and their consequences, the role of angular momentum in quantum mechanics, approximation methods, time-dependent perturbation methods, and second quantization. Written by authoritative professors who have taught quantum mechanics at the graduate level for a combined forty years, this textbook provides students with a strong foundation in quantum mechanics. After reading the book, students will be ready to take on quantum field theory.
Financial management practices are likely to have a marked effect on the financial performance of a corporate enterprise. Therefore, sound financial decisions/practices can contribute towards meeting the desired objective of having profitable operations. This subject assumes paramount significance in view of the present dynamic and turbulent business environment, which has produced more intense competition and smaller profit margins across the world. In this context, the financial management practices of the corporates in India, a country with a vast potential for economic growth, can offer valuable insights. The present study explores whether there has been a major change in the financial performance (measured in terms of profitability) and financial policies/decisions of the sample companies over a fixed period (2000-2001 to 2010-2011), with a special focus on pre and post-recession analysis. It delves deeper into current research areas such as zero working capital, real options in capital budgeting, pecking order in capital structures, and clause 49 as reflected in the financial management decisions of sample companies, and provides a broader perspective by identifying trends (if any) in certain aspects of financial decision-making over the past two decades. A comprehensive study, covering all the major aspects of financial management practices, also contains an inter-sectoral study (among the sample companies) and develops an index of professionalism in financial management based on the practices of the sample companies. The book is primarily targeted at teachers/students of finance, management, commerce, accounting and related professional disciplines/fields. Practitioners/professionals will find it an invaluable text that helps guide them to better decision-making.
The book examines the market reaction to mergers and acquisitions (M&A) announcements over a period from 2003 to 2015. Mergers and acquisitions continue to be amongst the preferred competitive options available to the companies seeking to grow fast in the rapidly changing global business scenario. M&A as a growth strategy has received attention from developed as well as emerging economies. It has been extensively used by managers as an expansion strategy and also serves as an important instrument for increasing corporate efficiency. Recently, M&A has grown at a rapid pace, creating a need for research to analyze what drives this phenomenon and how it affects firms and markets. As such, this book evaluates the impact of M&A on short-term abnormal returns as well long-term financial performance. It also assesses the management view concerning the motives for undertaking M&A. In addition, the book investigates the corporate governance practices of the acquiring firms and their impact on the short- term as well as long- term performance of those firms.
This book presents the select proceedings of the second International Conference on Recent Advances in Mechanical Engineering (RAME 2020). The topics covered include aerodynamics and fluid mechanics, automation, automotive engineering, composites, ceramics and polymers processing, computational mechanics, failure and fracture mechanics, friction, tribology and surface engineering, heating and ventilation, air conditioning system, industrial engineering, IC engines, turbomachinery and alternative fuels, machinability and formability of materials, mechanisms and machines, metrology and computer-aided inspection, micro- and nano-mechanics, modelling, simulation and optimization, product design and development, rapid manufacturing technologies and prototyping, solid mechanics and structural mechanics, thermodynamics and heat transfer, traditional and non-traditional machining processes, vibration and acoustics. The book also discusses various energy-efficient renewable and non-renewable resources and technologies, strategies and technologies for sustainable development and energy & environmental interaction. The book is a valuable reference for beginners, researchers, and professionals interested in sustainable construction and allied fields.
The information on cost of cultivation/production as well as the efficiency of resources will be useful to the government for devising appropriate policies for papaya growers. It will be useful to credit institution in deciding the scale of finance for crop loans and schedule of repayment. The results of the study will also be helpful to the papaya growers in reallocation of their resources in order to improve the productivity. The study will be helpful to the farmers in minimizing the costs and raising the net returns and in planning of their production and marketing operations. Marketing costs and margins assume particular importance in predominating agricultural country like India where agricultural price policy aims at safeguarding interest of both farmers (producers) and consumers. In this regard, economic analysis of horticultural produces assumes great significance. The study also covers the economics of papaya production and marketing as well as economic and technical constraints faced by the papaya cultivators. It envisages suggesting possible corrective measures to bring about the desired improvement in production and marketing of papaya.
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