Active portfolio management by the Treynor Black Model (T-B Model) calls for constructing a combined portfolios that is a mix of benchmarked index portfolio, with the mispriced securities selected on the basis of security analysis. This combined portfolio provides greater risk-adjusted returns when compared to the returns of benchmarked market portfolios. The superior risk-adjusted returns of combined portfolios are measured in terms of Sharpe Ratio, Jensen's Alpha and Treynor measure. This paper attempts to test the efficiencies of the T-B Model in context of the Indian capital market, in a post global financial crisis period. 40 securities have been selected on the basis of security analysis belonging to mid-cap funds from the stocks listed on BSE. 15 combined portfolios have been constructed, each consisting of 20 securities randomly selected from 40 covered securities along with BSE Mid Cap fund, which is substituted for benchmarked passive portfolio. The result provides valuable insights to the fund managers, for following active portfolio management proposed by the T-B Model in the context of the Indian capital market, to obtain superior portfolio returns.

This paper aims to examine the nexus between motivation and organizational citizenship behaviour of the employees in some selected private companies in Kolkata and also to find the role of employee emoluments in the above relationship during this digital era. The study uses a sample consisting of 231 professionals in various private companies in Kolkata including all its regions by applying probability sampling method. In this work, two standardized questionnaires along with the demographical sheet are used to collect data from the professionals who are again validated during the study. Path analysis is conducted to understand to test the fitting of the model and to explore the mediating role of monthly emoluments in the above relationship to understand direct effect and indirect effect. The result shows that monthly emoluments has mediating effect upon the relationship between motivation and organizational citizenship behaviour of professionals in Kolkata, India where monthly income plays the role of a mediator in the model.

Most interventions promoting women's empowerment has identified the economic independence and economic stability as one of the most important dimensions of women empowerment. There are of course other documents which show that the only economic power fails to ensure the process of empowering the women. But this phenomenon would only be a temporary one. There are many studies which deal with the relationship between the economic empowerment of women and their well-being. The economic stability of women determines the level of autonomy the women enjoy in the society and also it protects them from many odds in the real world. Domestic violence is one. It is shown that women with strong economic support are not prone to domestic violence. Moreover, with their economic strength, they take care of the welfare of the whole family. The objective of the present research is to examine the strength of relationship between the Relative Literacy Rate (RLR) and the Relative Economic Empowerment of Women (REEW). In fact, a functional relationship between Relative Economic Empowerment of Women (REEW) and relative literacy rate (RLR) will be estimated in order to check the extent of influence of RLR on REEW in both rural and urban segments of the states of India. The results establish a strong relationship between RLR and REEW in both the cases, rural as well as urban and the sensitivity of RLR on economic empowerment differs among the states both rural and urban sector.

After 1991, when the Indian economy was liberalized, the banking sector has seen significant growth and improvement. Despite the fact that the banking industry is largely well governed and controlled, it faces its own collection of problems in terms of fair standards, financial distress, and corporate governance. The use of e-banking has resulted in a large rise in the number of banking transactions. It has also simplified and increased customer service delivery. According to the report, cyber theft causes money to be lost that belongs to either the bank or the consumers. It could even jeopardize the bank's credibility, among other things. This study endeavors to the association between the Number of cases of fraud committed with the advancement of E-Auditing with every successive year transaction volume. For the purpose of study data of 12 years has been considered from 2009-10 to 2020-21 and linear regression and analysis of variance has been used to assess the association between above mentioned factors. This has been observed in the study that Number of cases of fraud committed will reduce with every successive year and although more transaction will enhance the possibility of fraud committed. Despite the security issues associated with electronic banking in India, the researcher concluded that it has increased bank operational performance. Based on these results, the researcher suggests that through Reserve bank of India, Govt. should implement appropriate security measures for different electronic banking networks, review the BVN system, and educate customers about electronic banking operations, among other things.

The relationship between government effectiveness and economic growth has been widely discussed in academic literature. Though, only a few studies have examined the association between government effectiveness and technological innovation. This research is to analyze the empirical link between government effectiveness and technological innovation by using a panel data set of 58 countries for the period 2002 to 2018. For the empirical testing of hypotheses, we utilized the OLS, Panel negative binomial, and panel quantile regression. The empiricalfindings indicate that government effectiveness has a positive and significant impact on national technological innovation across countries. We further conducted various robustness tests to verify the obtained results. In addition, we divided the selected countries into two groups i.e. OECD and Non-OECD. The results from robustness tests and different groups of countries were found to be in line with the baseline results of this study. The results of this research and recommended policy measures areimportant for policymakers and practitioners.

The concept of liquidity management by the commercial bank indicates the capability of the bank to finance its commitments as and when it gets due, comprising of investment and lending obligations, withdrawals, and other ensued burdens. The effectiveness and efficiency of the banks are majorly the function of its management of the liquidity. Therefore, for managing the short-term obligations, it is of vital importance for the banks to keep a desired liquidity ratio. The decisive objective is to maintain desired balance between liquidity and profitability. Against this backdrop, a sincere effort is being made in this research paper to study the impact on the profitability owing to the prudent liquidity management by the Indian banking sector. Accordingly, various banks from the board spectrum were selected as per the need of the research study comprising of public sector banks (27), private banks (20) and foreign banks (15). The independent variable includes Credit-Deposit Ratio (CRDR), Investment-Deposit Ratio and Cash-Deposit Ratio (CDR), which indicates the Banks' management of liquidity. On the other hand, for gauging the profitability, Return on Equity (ROE) and Return on Assets (ROA) are taken as proxy. Based on the research, statistically no significant relationship found between the liquidity of all the types of banks operating in India and profitability, factoring in all the variables. In the research, coefficients of the regressors found to be negative are for all the types of banks (Public, Private and Foreign). Nonetheless, the relationship lacks statistical significance.

Raising tax revenue is a critical question for non-resource-based revenue-generating economies. There are few studies intending to contemplate the relationship of economic and financial variables with tax revenue. In Pakistan, this question has not been addressed by the researchers previously. This study chooses economic and financial factors as exogenous variables and tax revenue as an endogenous variable in the case of Pakistan for the period ranging from 1980 to 2019. The study uses ARDL Bound Testing as it contains the data of the variables that are stationary at the level and first difference. The study finds that financial variables influence tax revenue positively whereas per capita income has an inverse relationship with tax revenue. According to the results of the study, the financial variables, which include bank capital to total asset ratio, bank non-performing loans, and the bank risk premium on lending, relate positively and the economic variables, which include broad money and foreign development assistance, relate positively except per capita income, which gives results otherwise. The results of the study dictate that increasing reliance on indirect taxation results in a negative relationship between tax revenue and national income because its incidence is on the poor. It suggests that established financial institutions, inclusive growth, consolidation of the money market, and a progressive tax system could help the economy generate more rewarding revenue generation activity. Indirect taxation creates disparity and regressive taxation, which hampers economic growth; therefore, it is suggested efficient taxation with more portion of direct taxation by the study.

Corona Virus has substantially influenced global economic infrastructure, and Banking in India is no different. COVID 19 has caused extraordinary structural alterations. The breakout of COVID 19 and subsequent nationwide shutdown announcements have wreaked havoc on India's financial system. The current research employed analytical review as a technique to explore the consequence of the bank's nifty lockout announcement. According to the research, the pandemic and following lockdown pronouncements negatively impacted stock values in the Indian banking industry. The study emphasised the understanding of lockdown effect on share market price with special reference to the banking sector and how lockdown adversely affected banking stock prices in India.

“Corporate governance” comprises of the rules, laws and processes which act as a guiding light for the companies for their operations, regulations and control. This paper underlines the exhaustive reviews related to “Corporate governance” nationally and internationally. For that purpose, the studies of the past fifteen years have been considered, for which the research papers have been taken into consideration. For the rest of the part of the paper, the information has been gathered from various secondary sources like books, articles, blogs etc. It has been found that the companies put forth a good governance practices and adhere to the “Corporate governance” laws and regulations. However, there has been an inconsistency of results while deriving the association between “Corporate governance” and performance of the companies as some researches reveal the positive impact while some studies portray the negative or no impact at all. It has been suggested that companies should follow the “Corporate governance” rules and laws efficiently in order to build their good image across the world. The further study has been recommended to be carried out by moving beyond 15 years in the past and considering more variables and dimensions related to the “Corporate governance”.

This study aims to clarify the people's mindsetswho doubt that financial sectors and their policies have zero impact on the country's economic growth with the help of evidence and regression analyses. This paper gives essential information into the purpose of the advancement of the budgetary section nearby its relationship among store and improvement.The study contains a brief discussion on financial development, its policies and growth, which is tested with 5 different methods. The effect of financial development, the financial sector and its policies on economic growth is tested in various methods. These include panel technique, GMM analysis and regression, industry-level studies. Moreover, all the regressions are then represented with the help of tables and figures.There is a consistent story produced by observational research that presumes that the course of action of cash-related system organizations has an immediate and long-time prior run impact on money-related improvement. Furthermore, it is found that budgetary instruments and markets impact the cost of trades and information in the necessary disclosures. Budgetary structure and systems may affect the saving rate, decisions on adventures, the advancement of development and monetary improvement rate as they put imprisonments on facing administrators and changes the concessions to animate increasingly conspicuous yield.