The MA JournalPub Date : 2016-05-01DOI: 10.2139/ssrn.2169463
A. Kshatriya, Kunal Khairnar
{"title":"Revisiting the Reinvestment Rate","authors":"A. Kshatriya, Kunal Khairnar","doi":"10.2139/ssrn.2169463","DOIUrl":"https://doi.org/10.2139/ssrn.2169463","url":null,"abstract":"Corporate Finance textbooks make a suggestive statement about the reinvestment of the cash inflows from a project. Two mutually exclusive project proposals, NPV and IRR can give conflicting decisions. In case of one project, the NPV may be superior while for the other project, the IRR may be superior. This paper explains how such a situation can be resolved by using what is known as 'Fisher's rate'. The assumption regarding the reinvestment rate is fundamental to the discussion about capital budgeting decisions and recognizing the reinvestment rate in an explicit manner is essential for appreciating the implications of the NPV/IRR methodology on investment decisions. This paper explains how investment decisions can be refined using Fisher's rate and introduces the concept of 'Modified NPV' using the Terminal value approach.","PeriodicalId":429867,"journal":{"name":"The MA Journal","volume":"87 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2016-05-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"122536128","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
The MA JournalPub Date : 2015-02-01DOI: 10.33516/MAJ.V50I2.37-42P
S. Majumdar
{"title":"Michael Porter's Generic Strategy of Cost Leadership - Pertinent Issues","authors":"S. Majumdar","doi":"10.33516/MAJ.V50I2.37-42P","DOIUrl":"https://doi.org/10.33516/MAJ.V50I2.37-42P","url":null,"abstract":"As long as there is competition, prices are not administered and artificially controlled and there is emphasis on productivity, efficiency and optimum utilization of resources, the study and management of cost is here to stay. There was no specific structured study to show as to how such cost advantage can result into a competitive advantage until in 1980, Michael Eugene Porter came up with a book titled Competitive Strategy which introduced us to five basic forces driving industry competition and three generic strategies to outperform the competitors.","PeriodicalId":429867,"journal":{"name":"The MA Journal","volume":"53 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2015-02-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"125046704","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
The MA JournalPub Date : 2014-11-01DOI: 10.33516/MAJ.V49I11.45-48P
R. Sinha, K. Chatterjee
{"title":"Why Food Security should Get Precedence Over TFA in India","authors":"R. Sinha, K. Chatterjee","doi":"10.33516/MAJ.V49I11.45-48P","DOIUrl":"https://doi.org/10.33516/MAJ.V49I11.45-48P","url":null,"abstract":"Though a TFA is important step towards reforming procedures related to international trade, a balance needs to be built both on proper implementations of trade facilitation agreement and on the permanent solution in agriculture and food security issues. there has been a growing discomfort among the developing nations who feel that some of the policies and norms are more in favour of developed nations because of their strong political clout.","PeriodicalId":429867,"journal":{"name":"The MA Journal","volume":"85 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2014-11-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"121918443","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
The MA JournalPub Date : 2014-04-01DOI: 10.1787/eco_surveys-grc-2013-graph31-en
B. Sudha
{"title":"Price and Cost Competitiveness","authors":"B. Sudha","doi":"10.1787/eco_surveys-grc-2013-graph31-en","DOIUrl":"https://doi.org/10.1787/eco_surveys-grc-2013-graph31-en","url":null,"abstract":"Competitive cost reduction by improving production methods through Research and Development will help any organization sustain growth. Determining the price policy to be followed by a concern is a very important function which is closely allied to selling; it is important as it affects the earnings as also the successful functioning of any concern.","PeriodicalId":429867,"journal":{"name":"The MA Journal","volume":"100 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2014-04-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"114415215","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
The MA JournalPub Date : 2013-03-01DOI: 10.5040/9781472920430.0033
S. Banerjee
{"title":"Return on Talent","authors":"S. Banerjee","doi":"10.5040/9781472920430.0033","DOIUrl":"https://doi.org/10.5040/9781472920430.0033","url":null,"abstract":"","PeriodicalId":429867,"journal":{"name":"The MA Journal","volume":"6 4","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2013-03-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"114096575","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}