The paper attempts to examine whether subsidiaries from different countries-of-origin differ with respect to their financial structures and performance in the same host country and whether greater foreign control affects their financing patterns and financial performance. The results show that Japanese firms differ significantly with respect to their financial structures from the Indian firms a...

This study develops a corporate social responsibility (CSR) measure for abnormal CSR. Based on microeconomic framework, we argue and show that firm-level variables determine firm-specific, normal (expected) level of CSR performance, where the marginal costs equal its benefits. Any deviation from these equilibrium points is proxy CSR, which negatively related to firm’s short-term financial perfo...

Present paper intends to measure the determinants of performance of Indian financial sector. The performance variables of banking sector and microfinance institutions in India are studied over a study period of six years i.e. 2006-07 to 2011-12. The financial sector of India is gaining strength over the years and its contribution to growth is overwhelming. Banks are considered the main componen...