Pradeep K. Chhibber

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This paper examines the relationship between the levels of debt in the capital structure and performance for a sample of Indian firms. Existing theory posits a positive relationship; however, analysis of the data reveals the relationship for Indian firms to be significantly negative. The structure of capital markets in India, where both short-term and(More)
Political conflict across Africa is often linked to the pervasive use of patronage in retaining control of the state. However, few sources of data have been available to systematically examine the relationship between a leader’s patronage strategies and the likelihood of an extraconstitutional change in power. This article employs ministerial appointments(More)
1 This paper seeks to explain the variation in the scale of violence across episodes of ethnic conflict, using data from Rwanda and Burundi. To do so, we explore the “dark side” of in-group policing—when it is exploited for genocidal killing, instead of being employed to moderate ethnic hostilities. Our efforts build upon Fearon & Laitin (1996), who concede(More)
offered helpful remarks. A presentation at the Midwest Political Science meetings held in Chicago April 27-30, 2000 elicited useful suggestions by Carles Boix and Timothy Frye and especially by Mark Jones who provided a most helpful and detailed reading. Finally, a presentation at APSA in Washington, DC, in September 2000 generated detailed suggestions from(More)
The overarching argument of this paper is that the party systems of less developed countries are less institutionalized than those of the advanced industrial democracies. The paper examines three differences between the party systems of the advanced industrial democracies and party systems of less developed countries. First, we show that most democracies(More)
This paper examines the distinctive patterns of the formation and evolution of social trust that explain the low presence of social capital in a new democracy. Despite the increase in the number of political and social associations since the return to democracy, Spain constitutes an example of low intensity equilibrium with low levels of interpersonal(More)
What explains variations in electoral volatility? The authors argue that fiscal space—availability of financial resources to enact policy initiatives and provide public programs—possessed by governments can explain the level of electoral volatility. Where governments have fiscal space, citizens reward incumbent parties with their continued support. But when(More)
Natural experiments help to overcome some of the obstacles researchers face when making causal inferences in the social sciences. However, even when natural interventions are randomly assigned, some of the treatment–control comparisons made available by natural experiments may not be valid. We offer a framework for clarifying the issues involved, which are(More)
UNLABELLED The ECG is a 12-lead-vector system and is known to contain redundant information. Factor analysis (FA) is a statistical technique that improves measured data and eliminates redundancy by identifying a minimum number of factors accounting for variance in the data set. OBJECTIVE To identify the minimum number of lead-vectors required to predict(More)
Using contemporary data for a firm-level sample of over 600 Indian firms, this paper investigates the impact that an export-orientation has on the profitability of the firms studied. The results, based on a two-stage least squares method, establish a positive and significant relationship between firms’ levels of exports and profitability. For firms from(More)