SECURITY ANALYSIS AND PORTFOLIO MANAGEMENT. This 5th Edition , is thoroughly revised and updated. It describes techniques, vehicles, and strategies of the funds of an individual investor(s).For the students of Management, Commerce, Professional Course of CA, CS, ICWA, Professional of Financial Institutions and Policy Makers.
Part-I: Foundations Of Finance Part-Ii: Valuation Part-Iii: Capital Budgeting Decisions Part -Iv: Long-Term Financing And Required Rate Of Return Part-V: The Management Of Working Capital Part-Vi: Selected Topics In Contemporary Finance Appendices Index
For the students of Management, Commerce, Professional Course of CA, CS, ICWA and Professionals of Financial Institutions. Thirteen chapters on current major areas have been added to provide exhaustive coverage on recent changes in the world financial markets and the changing compositions of the portfolios.
Part: I 1. International Financial Management: An Overview 2. The International Monetary 3. European Monetary System 4. The Global Liquidity 5. International Financial System 6. Financial Globalisation And The Crisis 7. The Financial Accounting Among Countries And International Part: Ii 8. Foreign Exchange Markets 9. Managing Foreign Exchange Reserves 10. Exchange Rate Theories 11. Currency Futures 12. Currency Options 13. The International Swap Market 14. Role Of Swaps In Managing External Debt 15. Financial Derivatives Market: A Global Perspective Part Iii 16. Foreign Exchange Risk Exposure 17. The Exposure Information System 18. Strategies For Exposure Management And Techniques For Foreign Exchange Rate Projections 19. Exposure Management 20. Organisation Of The Exposure Management Function Part Iv Part V Part Vi ...41. International Taxation Glossary Selected Bibliography Index
The Decade Of The Eighties And The Early Nineties Of The Last Century Have Witnessed Changes In The World Economy And In International Economic And Financial Relationship. Several Governments In The Developing Countries Have Recently Embarked On A Liberalization Of Their Foreign Trade And Financial Markets; Many Have Also Decontrolled Domestic Prices And Investment Decisions. The Economies Of Eastern Europe And The Commonwealth Of Independent States (Cis) Have Also Begun To Establish New Political Structures And To Liberalise Their Economies. Liberalisation Policy Is Contemplated As A Measure Of Primary Importance And Is Expected To Improve The Allocation Of An Economy S Resources, Lead To A Greater Efficiency, Expand The Economy S Output, And Accelerate Its Growth. Such A Transition From A Less To A More Liberal Economy Raised Issues Of Great Interest To Policy Makers And Economists Alike.Reform Of Economic Policies In Developing Countries Is One Of The Most Frequently, And Least Understood Efforts Of The Last Decade. The Book Systematically Deals And Analyses The Dynamics Of Liberalisation Process And Compares The Countries Response In Considerable Detail. Struck By The Differences In Their Subsequent Economic Performance, A Closer Analysis Reveals That Their Experience Contradicts The Conventional View That The Ability To Absorb Shocks Depends On The Size Of The Shock, A Country S Experience With Inflation, Its Degree Of Outward Economic Orientation, And Its Various Political Attributes. Genuine Reforms Are Necessary If Countries Are To Achieve Sustained Growth In Real Incomes And Increase In Living Standards.Current International Developments Confirm That The Book Is Dealing With A Question Of Some Urgency: What Can A Developing Country Do To Ensure That It Will Adjust Smoothly And Swiftly After A Macro-Economic Shock? To Find Out What Factors Influence Adjustability, The Study Explores The Recent Stabilization Experience Of Some Developing Countries Around The World, Looking For Any Signs Of A Relationship Between Stabilization Policy And Economic Growth. It Examines The Various Components Of Policy Which Must Be Reformed Government Spending And Revenue, Trade And Exchange Rates, Controls On Private Sector Activity, Labour Market Regulations Etc. Finally, There Is An Analysis Of Why Reforms, Once Implemented, Succeed Or Fail, Accompanied By A Description Of Several Reform Efforts And Their Outcomes.
Indian Financial System Is One Of The Largest In The World With A Broad Variety Of Banking, Financial And Capital Market Institutions And Instruments.What Kind Of Structural Changes In The Indian Financial System Are Required To Cope With An Increasing Complex And Faster Moving International Economic And Financial Environment? Some Of The Important Issues In The Context Of Financial Sector Are: (1) Is There Any Need Of Heavy Reforms In Financial Sector Alongwith The Adjustment Process?; (2) Is It Necessary That The Reforms Should Be Supplemented By Significant Inflow Of Foreign Direct Investments?; (3) Is The Internal Adjustment Progress (For The Promotion Of Exports) More Important Than The Package Of Dfl, Imported Technology And Enhanced Productivity?; (4) Is There Any Relationship Between Inefficiency And Adjustment Process?; And, Finally, (5) Is Technical Process Pre-Requisite For The Success Of Adjustment Process? Adequate Attention To These May Effectively Take Care Of The Distortions On The Financial Side And The Process Of Reforms May Be Smooth, Politically And Administratively Sustainable And Bring The Desired, Effective And Quick Results By Making The Indian Financial System Vibrant And Competitive, A Necessary Concomitant Of Trade And Industrial Policy Liberalization.Indian Financial System Analyses The Initiatives Aimed At Developing A Healthy, Efficient And Market-Oriented System By Deregulating Interest Rates, Development Of Market Instruments For Pricing Public Debt And Bank Loans, Upgrading Of India S Regulatory And Accounting Standards To International Norms, Adjustments In Monetary And Financial Policies, And Exchange Rate Management For An Increasingly Liberalised And Open Economic And Financial Environment.
The World Economy In The 1990S Is Facing Exciting Challenges And Opportunities With Global Transformation Of Historic Dimensions. The Us Is No More In A Position To Dictate But Can Still Lead As A Major Player In World Trade, Finance And Investment Relationships. An Integrated Europe, Led By A Unified Germany, Will Be The World S Largest Market. Japan Is Already The World S Main Creditor And Leads In Key Technologies. The Reforms In The Soviet Union And Eastern Europe Have Ended The Cold War, The Word Economy Is Becoming Increasingly Inter-Dependent And Competitive In A Multi-Polar World. A Main Element In This Process Is The Role Of Direct Investment Funds Moving Across National Boundaries. In Recent Years, Fdi Flows Have Been Of The Order Of Dollar 150-175 Bn. A Year. There Need To Be Some Sensible Norms In Regards To Capital Flows If They Are To Prove Highly Beneficial And Be Welcome In Developing Countries.A Central Question For The 1990S Is Whether The New Structure Of International Relations Will Generate Conflict Over Trade Issues Or Healthy Competition. If Usa, Japan And An Integrated Europe Coordinate Their Policies In A Forward-Looking Manner, And Desist From Protectionist Measures, Then This Would Facilitate World Economic Development And Trade. This Process Can Be Helped Forward If The Multilateral Institutions Also Act With Vision And Firmness.The Book Reviews Established Policy Pattern Towards Transnational Corporations And Attempts To Evaluate The Corporations And Attempts To Evaluate The Complexities Of Exposure Management. The Present Study Deals Not Only With Foreign Direct Investment And Portfolio Investment In The Evolving International Monetary And Financial System, But Also Contributes To A Better Understanding Of The Opportunities And Dangers In Terms Of Certain Key Issues For The World Economy In 90S : Sustaining The Economic Upswings Of The 80S In The Industrial Countries: Integrating The Centrally Planned Economies Into The World Economy; Fostering Open And Diversified International Capital Markets; Dealing With The External Debt Problem; And Giving Greater Attention To Development And To The World S Poor.
Thank you for visiting our website. Would you like to provide feedback on how we could improve your experience?
This site does not use any third party cookies with one exception — it uses cookies from Google to deliver its services and to analyze traffic.Learn More.