Capital Structure and Corporate Control provides practical insights into understanding the behaviour of corporate governance and the factors that determine the distribution of power among corporate managers, shareholders and directors. This volume presents an identification of locus of control within the firm and quantification of managerial preference function which eluded the economists for so long. It forms a basic contribution to the theoretical modelling, methodological and estimation procedure. An empirical insight into the nature and extent of discretion in decision making is also discussed. As such this study is an important step to make fundamental progress in the area of corporate control and has the potential to extend it to several related areas.

Given the fact that public enterprises occupy a core position in the country's economic scenario. In consequence to this, a large number of public enterprises have been started at national and state level. These organization depending upon the nature and importance of the activity are promoted as departmental undertakings, corporations and companies. In each state, besides central undertakings, state public enterprises have made a significant contribution in the development of the respective states. Whether an enterprise is in private sector or public sector, its success depends upon the organization structure and also on the quality of its personnel. Because business is a human organization made or broken by its people. Personnel Management is an important activity as it is an integral part of the total management system. In this book, the author discusses, in detail, new ideas, policies and practices in personnel management and provides practical guidelines for evolving the innovative practices and techniques suiting the Indian conditions. Full utilization of manpower is, in fact, the real test of effective management. For better management and industrial relations. The enlightened managements are increasingly searching and researching for newer and better techniques of personnel management. The parts of this book cover, in considerable detail, the various mechanisms of personnel management, like manpower planning, recruitment and selection process and policies, training and promotion policies, wages and salary administration policies and welfare policies and practices. All in all, this is an extremely useful book for all those charged with the task of managing and developing personnel at different levels and also to all students of management. Thus, it would prove to be a practical guide to the managers, researchers, academics, employees and trade union leaders in the various private and public sector undertakings, training institutions and universities.

The Indian capital market has witnessed major transformation and structural change during the past one decade as a result of on going economic reforms initiated by the Government of India since 1991. These reforms have been aimed at improving market efficiency, enhancing transparency, checking unfair trade practices and bringing the Indian capital market up to international standards. The reforms have brought about changes in institutional character of the market; regulatory environment in which it functions; investors' profile and technology of the market. This volume has brought together empirical researches carried out on various aspects of the Indian Capital Market during the past decade. It includes, inter- alia research studies relating to . IPOs . Corporate Governance . E-Marketplaces for Financial Products . Market efficiency and Anomalies . Market Micro Structure . Mutual Funds Performance . Financial Derivatives The papers have been contributed by well-known persons from both academia and industry. The book will be useful of research scholars, students pursuing professional courses such as M.B.A., M.F.C., M.B.E., M.I.B. and other related programmes, practitioners and policy makers.

The present book examines the nature and problems of financing the industries and assesses the efficacy of the aforesaid multifarious schemes particularly in the backward regions. The treatise embodies in it inter/intra regional, states, districts as well as block level variation. To encounter the objectives, appropriate hypotheses have been framed and statistically testified and in some cases, financial techniques have been applied to look into the problems of the sample units. The book runs into nine chapters encompassing in it different conceptual aspects of modern industrial financing pattern with critical assessment of their suitability. It also includes assessment of government equity participation, multifarious financial and fiscal policies addressed to the upliftment of industrial ventures, Tea financing, financing of small scale and large scale units and finally incorporates the prescription of some workable suggestions in appropriate areas. The book will satisfy the growing interest of students, researchers and scholars, policy makers and the general readers. It may be used as a text book for graduate and P.G. course for the paper, Industrial Economics and the Industrial Financing.