Various reforms of the financial system by the Indian government since the early 1990s have brought about a significant structural transformation in the Indian capital market, says Pandey, and
as a result, the Indian equity market has become modern and transparent. He explores the changes and the current state of the market. Among the topics are the financial sector before and after
reforms, the reforms themselves, instruments, a review of the literature on price multiples, a theoretical framework for equity valuation, the integration of financial markets, and the capital
market and global financial crisis. Distributed in the US by ISBS. Annotation ©2014 Ringgold, Inc., Portland, OR (protoview.com)
