Subrata Sarkar

Learn More
Most of the existing evidence on the effectiveness of large shareholders in corporate governance has been restricted to a handful of developed countries, notably the UK, US, Germany and Japan. This paper provides evidence on the role of large shareholders in monitoring company value from a developing and emerging economy, India, whose corporate governance(More)
Existing empirical evidence on the ownership-performance issue is weighted towards the property rights hypothesis that private enterprises are superior to public enterprises. However, very few studies examine a developing country in which the strong link between the market for corporate control and the efficiency of private enterprises assumed by the(More)
The option-pricing approach to corporate finance offers a structural model explaining the beta of the equity of a firm. In this paper, we focus on testing one prediction of this approach: that an increase in interest rates should be associated with a decrease in beta. We utilise a unique natural experiment which took place in India, where changes in the(More)
The objective of this research was to assess the impact of the Digital Equalizer program (DE Program) in terms of student learning outcomes of students in subjects like science, mathematics and geography after 8 months of implementing the DE program in 283 schools across 30 districts of Odisha, India. This study was a inter group and intra group comparison(More)
Estimating a risk free Term Structure of Interest Rates or Zero Coupon Yield Curve from the observed bond prices would involve controlling for the effects of security specific non-interest rate factors that affect bond prices. In this paper we propose a new framework to estimate benchmark default and liquidity risk free yield curve using the stochastic(More)
The study intends to measure the efficacy of teacher training on techno pedagogy and its effect on students learning in academic subjects like Science, Mathematics and Geography. We randomly selected 10 middle schools (@ 2 schools from 5 districts), observed twenty randomly selected teachers and their students over a 1year period and did a learning(More)
This paper examines the impact of partial privatization on performance of state-owned banks using data from the Indian banking industry during the period 1986-2003. We test the hypothesis that privatization leads to improvement in performance even when the government retains controlling stakes. Employing the technique of stochastic frontier analysis, we(More)
Estimating a risk free Term Structure of Interest Rates or Zero Coupon Yield Curve from the observed bond prices would involve controlling for the effects of security specific non-interest rate factors that affect bond prices. In this paper we propose a new framework to estimate benchmark default and liquidity risk free yield curve along with an illiquidity(More)
Multi-fractal property of heat-denatured protein aggregates (HDPA) is characteristic of its individual form. The visual similarity between digitally generated microscopic images of HDPA with that of surface-image of its individual X-ray structures in protein databank (PDB) displayed using Visual Molecular Dynamics (VMD) viewer is the basis of the study. We(More)
  • 1