Relationship between Stock Market Reforms and the Pattern of Resource Mobilization A Study of Indian Corporate Sector

Abstract

The present study has made an attempt to study the relationship between stock market development and the pattern of resource mobilisation by Indian corporate sector over the period 1991-2012. The present chapter summarises the important findings and conclusions. These conclusions and suggestions should provide relevant information to the concerned parties. newlineAn efficient capital market is an essential prerequisite for the economic development of a country. A capital market is a network of financial institutions that brings together the suppliers and users of funds. It provides a platform for the corporate houses to mobilize the funds and thereby plays a dominant role in the capital formation. A vibrant capital market, where the financial assets are efficiently priced based on risk and return attributes provide correct signals to the economy for investment decisions in the real sector. newline