Financial Markets and Corporate Finance

This book presents a selection of the best papers from the 5th International Conference on Financial Markets and Corporate Finance (ICFMCF2023), held in the Department of Management Studies, IIT Delhi, in July 2023. In today's dynamic and swiftly changing financial environment, marked by heightened volatility and complexity, ensuring the financial sector's resilience is paramount. The contents of this book address this gap by offering state-of-the-art research in the fields of financial institutions, financial markets, and corporate finance. The book specifically explores dynamic topics such as risk management in banks, the growth of fintech, cryptocurrencies, the proliferating usage of derivative instruments, CSR policies, and the effect of corporate governance and earnings management on firm performance, with a special emphasis on emerging economies. The studies utilize advanced and innovative qualitative and quantitative techniques to offer valuable insights into finance. The studies included in this book deliberate on theoretical work, empirical findings, and policy implications related to financial markets and corporate finance. Given the scope, the range of papers in this collection benefits academics, practitioners, industry experts, and policymakers seeking economic insights to address various challenges.

Contains latest research emanating from Indian Institutes of Technology on contemporary issues in finance Provides recent empirical evidence on financial concepts Explores dynamic topics such as risk management in banks

Autorentext

Prof. Shveta Singh is the PFS chair professor and the area chair of Finance at the Department of Management Studies (DMS), Indian Institute of Technology (IIT Delhi), India. She is also the coordinator of the National Centre on Corporate Governance, accredited by the National Foundation on Corporate Governance (NFCG). She has contributed to various research and consulting assignments for organizations like the CIO Foundation, CISO Foundation, Lok Sabha, NFCG, DGS&D, NBCC, ICSSR, UKIERI, ReNew Power, the Ministry of Agriculture and Farmers' Welfare, the Ministry of Food and Consumer Affairs, the Indian Navy and the Indian Air Force. She is also a member of the ISO and BIS sectional committees on Sustainable Finance. She is the associate editor of the Journal of Advances in Management Research (JAMR) published by Emerald, UK. She has published more than 150 research papers in journals of national and international repute.

Prof. Sonali Jain is an assistant professor of Finance at the Department of Management Studies (DMS), Indian Institute of Technology, Delhi (IITD). She holds a Ph.D. from the Indian Institute of Management, Ahmedabad (IIMA), specializing in Finance & Accounting. Prior to her Ph.D., she completed her Bachelor of Engineering from Netaji Subhas Institute of Technology, Delhi University (DU). Her teaching and research interests include financial management, financial markets, financial derivatives, portfolio management, and fintech. Her research has been published in leading international journals, including the Journal of Futures Markets, Meditari Accountancy Research, Economics and Human Biology, Managerial Finance, International Journal of Financial Studies, etc., and she has presented her work at globally renowned academic conferences. She also published a book, Business Buzz: A Rendezvous with Women Entrepreneurs, under IIM Bangalore.