Tag Search: “Firms”

Understanding the recent ordinance amending the Insolvency and Bankruptcy Code

The Insolvency and Bankruptcy Code, 2016 (IBC) is a landmark reform for India. One year after the notification of the law, an Ordinance to amend IBC has been promulgated, which bars several categories...

  • Perspectives

Fostering social connections

This column describes an ongoing study that analyses data from Delhi’s labour-intensive garment factories to explore the relationship between trust among workers and productivity. Using the strength o...

  • Articles

Management practices and productivity in India

In this article, Bloom and Patnaik bring together research that analyses management practices of firms, and how they relate to firm productivity and performance. They highlight the importance of under...

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Have policy initiatives in emerging Asian economies improved firms' access to external finance?

Since the 1997-98 Asian financial crisis, policymakers in Asia have initiated a series of reforms aimed at developing and strengthening the regional financial markets. This column provides new evidenc...

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I4I Panel Discussion: The challenge of job creation

In a recent I4I editorial, Ashok Kotwal described the challenge of job creation that is facing the Indian economy today. In December 2017, Prof. Kotwal moderated a panel discussion on the topic betwe...

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The spatial dimensions of business investment decisions

Investment decisions of firms are centred on location choice, investment magnitude, and selection of industry. Of these, information on location choice is the most asymmetric, making it is imperative ...

  • Perspectives

Does mandatory CSR expenditure affect firm value? Evidence from Indian firms

Section 135 of the Companies Act, 2013 mandates all Indian firms above certain size or profit threshold to spend at least 2% of net profit earned in preceding three years on Corporate Social Responsib...

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The challenge of job creation

The process of economic transformation that entails labour transitioning from low- to high-productivity activities, been much slower in India than in other Asian countries like China. Why is this so ...

  • Perspectives

Is small beautiful? A critical evaluation of MSME policy and performance in India

Micro, small and medium enterprises (MSMEs) have significance in a labour-abundant country like India, and various policies are in place to promote the sector. Analysing MSME data from various sources...

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Structural transformation and spillovers from ‘Industrial Areas’

A defining feature of economic development is the reallocation of labour from subsistence agriculture to manufacturing. To shed light on this process, this column analyses Karnataka’s Industrial Areas...

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Facilitating foreign investment in rupee-denominated debt

On 22 September 2017, the RBI notified that rupee-denominated offshore bonds – popularly known as ‘masala bonds’ – will no longer form part of the limit for investment in corporate bonds by foreign po...

  • Perspectives

Doing Business in India: Myths and realities

Ahead of the global release of the 2018 edition of the World Bank Doing Business rankings, this column compares data from firm-level surveys conducted by the Bank and the IDFC Institute-NITI Aayog wi...

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