Capital Market and Depository System in India
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Author
Edition
1st. ed.
Publisher
ISBN
9788177084597
Length
176p.
Subjects
Capital market is a market for long-term funds. Capital market channelises household savings to the corporate sector and allocates funds to firms. In this process, it allows both firms and households to share risks associated with business. Moreover, capital market enables the valuation of firms on an almost continuous basis and plays an important role in the governance of the corporate sector.
An efficient capital market is an important constituent of a sound ...