https://ir.vidyasagar.ac.in/jspui/handle/123456789/333 2026-04-26T03:32:18Z 2026-04-26T03:32:18Z Gupta, Arindam Kundu, Debashis https://ir.vidyasagar.ac.in/jspui/handle/123456789/980 2016-12-23T00:26:29Z 2008-01-01T00:00:00Z

Title: ENHANCING PROFITABILITY AND SHAREHOLDER VALUE THROUGH MERGER – A CASE STUDY OF ICICI BANK Authors: Gupta, Arindam; Kundu, Debashis Abstract: The study uses one of the high profile mergers of the Indian banking industry to measure the amount of wealth actually created for shareholders by such a merger, using the valuation tools like MVA, EVA, etc. and also the relative profitability measured from variables like Spread and Burden. Attempt has also been made further to find out the relative impact first of variables like EVA, market capitalization, total capital employed, yield, relative profitability, return on net worth, etc. on MVA; secondly of total capital employed, yield, relative profitability, return on net worth, etc. on EVA and finally of variables like EVA, total capital employed, yield, return on net worth, etc. on relative profitability. Description: 66-78

2008-01-01T00:00:00Z Aduloju, S.A Awoponle, A.L Oke, S.A https://ir.vidyasagar.ac.in/jspui/handle/123456789/976 2016-12-23T00:26:28Z 2008-01-01T00:00:00Z

Title: A SURVEY ON THE RECAPITALISATION, MERGERS AND ACQUISITIONS OF THE NIGERIAN INSURANCE INDUSTRY Authors: Aduloju, S.A; Awoponle, A.L; Oke, S.A Abstract: The reaction of the insurance underwriters towards the recapitalization exercise in Nigeria is investigated. Fifty-four questionnaires were properly filled and returned from members of staff of some selected insurance companies, upon which descriptive analytical tools and chi-square statistical tool were used. From the analysis, recapitalisation has been enhancing the development of insurance industry and mergers and acquisitions have remained a viable option for them to remain in business. Based on the findings recommendations were made; insurance industry should not wait until they are compelled by law to increase their capital base. Recapitalised insurance companies should have strategic alliance with the multinationals in the country for technical and business support for the local underwriters. Also, the industry’s regulatory mechanism should produce a strong pressure group to make a presentation to the government for legislation to conserve our foreign earnings and retained insurance premiums paid to the foreign underwriters who absolutely control some of our insurance business in Nigeria. Description: 35-53

2008-01-01T00:00:00Z Mishra, Vijay Kumar https://ir.vidyasagar.ac.in/jspui/handle/123456789/977 2016-12-23T00:26:28Z 2008-01-01T00:00:00Z

Title: WTO AND INDIA: TIME FOR RENAISSANCE OF THE FARM SECTOR Authors: Mishra, Vijay Kumar Abstract: Indian farm sector and Indian economy complement each other in growth. To understand Indian economy, it is necessary to understand the farm sector. Indian farm sector was once the pride of the nation and is now in a languishing state. The farm sector reached its peak in the last century and the glorious era earned sobriquet of “Green Revolution”. Last decade is known for introducing eminent changes in the economy which were the economic reforms of 1991 and joining of the WTO. The reforms were responsible for creating an era of liberalized economic policy regime which has played a decisive role in changing the performance of the industry and services sector but no eminent change has been created in the farm sector. The WTO agreements are promoting free and fair trade among the member nations by way of removal of obstacles in trade. Indian farm sector, after the last decade’s policy changes, is in a crucial juncture. The criticality of this sector could be more illustrious with the fact that even after sixty years of independence the population dependence on farm sector has very marginally declined but its share in the GDP has significantly declined. The farm sector at this juncture is facing the issues of low production and low productivity which have not improved after the reforms and the external environmental change in post-WTO regime. This paper tries to analyze the issues of concerns and care required for making renaissance of the farm sector. Description: 91-99

2008-01-01T00:00:00Z Bhasin, Madan https://ir.vidyasagar.ac.in/jspui/handle/123456789/973 2016-12-23T00:26:28Z 2008-01-01T00:00:00Z

Title: CORPORATE GOVERNANCE AND TRANSPARENCY SCENARIO IN ASIA Authors: Bhasin, Madan Abstract: CG in Asia have assumed greater limelight with the series of corporate failings and scandals, following which the markets, investors and society at large have begun to loose faith in the infallibility of these systems. It provides an overview of the CG practices and transparency scenario prevalent in the Asia region, duly supported by empirical data. No doubt, several initiatives have been undertaken by various national and international agencies, and CG scenario have considerably improved, but much work still remains to be done, and the ethos of CG culture has yet to sink in fully. We highly appreciate the timely and bold initiative taken by the Council of the ICAI to agree to fully converge with IFRS standards on or after 1 April 2011. This article seeks to present a series of suggestions aimed to improve CG practices in India. Most notably, India must reform how its boards of directors function, improve its enforcement mechanisms, redefine its corporate laws, and embrace CG as a philosophy. The country should be proud of what it has achieved in CG practices but, of course, much more needs to be done. Thus, CG in India and Asia remains a work-in-progress requiring some rethinking. Description: 1-34

2008-01-01T00:00:00Z