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Dynamics of Financial and Economic Research

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Everything around us is some way or another related to finance and economics. In recent years, financial and economic research is a topic of interest among developed and developing countries due to rapid change in the financial environment. There is a need for an individual’s knowledge of financial concepts and their ability to use that knowledge to make critical decisions in the money management process. Knowledge of finance and economics is in the areas of investment management, retirement planning, general money management, and credit management. Consumers’/investors’ should have an understanding of financial products and concepts and have the ability and confidence to appreciate financial risks and opportunities, to make informed choices, to know where to go for help, and to take other effective actions to improve their financial well-being. This will bring change in individual’s financial investment behavior, such as obtaining debt, participation in the stock market, inv...

My childhood extra curricular activities

EXTRACURRICULAR ACTIVITIES: 2008: Won Fourth CSR Super Brain Essay Contest 2008 on “India: The Fast Emerging Space Power” 2008: Awarded Prof. Suryakant Dash Memorial Prize for securing the First position in M.Com organized by M.Com Annual function Frenzy 2008, P.G.Department of Commerce, Utkal University , Bhubaneswar , Orissa 2008: Won 3rd Prize in Vira Surendra Sai-Subhash Chandra Bose Jayanti Utsav English Essay Competition organized by Vira Surendra Sai Yubak Sangha Vira Surendra Sai-Netaji Prativa Puraskar 2007: Won 1st Prize in State level Vira Surendra Sai-Subhash Chandra Bose Jayanti Utsav  English Essay Competition for College Level organized by Vira Surendra Sai Yubak Sangha 2007: Participated in Comm Vision organized by Department of Commerce, Osmania University ,  Hyderabad 2007: Awarded Sarat & Pramilla Pattnaik Memorial Prize for securing the First position in M.Com-I organized by M.Com Annual function Frenzy 2007, P.G.Department of Commerce,...

She is You

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Orginal Poem: Curling her hair like flowering the vine Her beauty grows every day as old red wine Gliding her face up like touching the sky She dreams to go up high as a kite to fly Rolling her hips like an erotic dance She makes her moves as it’s her last chance Smiling with her lovely lips like she saw heaven on earth Full of sanguinity as a lovely charming face from birth Tapping hands like thunder clapping Creating music as the resonances of rainwater dropping Twirling ribbon like painting a rainbow Winning hearts as a girl on fire with her flips that bow Waiting for rain like a many-hued peacock She is priceless as a dazzling precious diamond rock Waving hands like a pageant queen Flawless look as a white rice with imperfection unseen Walking on streets like floating in clouds Forever youthful as a beautiful girl differentiated from crowds Love her curling, gliding rolling, smiling, tapping, twirling, waiting, wavi...

Merger Performance: The Marriage between SAIL and MEL.

Merger Performance: The Marriage between SAIL and MEL. Source:  Amity Management Review . Jun-Dec2012, Vol. 2 Issue 2, p69-79. 11p. Author(s):  Leepsa, N. M. Email: n.m.leepsa@gmail.com  Abstract: The purpose of the study is to analyze the financial performance of Steel Authority of India Ltd (SAIL) after merger deal with MEL. The financial statements are analyzed for pre and post-merger five years (2000-2010) by using seven financial ratios. The accounting approach uses accounting measures and productivity measures of financial statements to evaluate the M&A success. In spite of creation limitations, accounting ratios are considered as reliable and convenient for making analysis since financial statements are audited. Ratio analysis is employed as is considered as a convenient technique to make a quantitative analysis of companies' performance. The results show that the financial performance of SAIL in terms of profitability, liquidity and solvency has im...

Abstracts of Some Past Research

Abstracts of Some Past Research Leepsa, N. M. & Mishra, C. S., 2014. Return from Indian Acquisitions: Does Deal Size Matter? Co-author: Dr. Chandra Sekhar Mishra, VGSoM, IIT Kharagpur Mergers and acquisitions are the corporate growth strategy that has grown in recent years. The performance of companies in post-acquisition period is influenced by various factors; one of the factors which remain explored is deal value. This paper attempts to investigate the post-acquisition performance of manufacturing companies in India based on their deal size-small and large deal size. Performance is evaluated on profitability parameters (return on capital employed, return on net worth, return on assets) of the company in pre and post-acquisition three years using paired t-test and Wilcoxon signed rank test. It is found that for the variable ROApost12 and ROApost123, the post-acquisition performance is positive for large deals while negative for small deals. There is no difference in...

Return from Indian Acquisitions: Does Deal Size Matter?

Leepsa, N. M. & Mishra, C. S., 2014. Return from Indian Acquisitions: Does Deal Size Matter? Co-author: Dr. Chandra Sekhar Mishra, VGSoM, IIT Kharagpur Mergers and acquisitions are the corporate growth strategy that has grown in recent years. The performance of companies in post-acquisition period is influenced by various factors; one of the factors which remain explored is deal value. This paper attempts to investigate the post-acquisition performance of manufacturing companies in India based on their deal size-small and large deal size. Performance is evaluated on profitability parameters (return on capital employed, return on net worth, return on assets) of the company in pre and post-acquisition three years using paired t-test and Wilcoxon signed rank test. It is found that for the variable ROApost12 and ROApost123, the post-acquisition performance is positive for large deals while negative for small deals. There is no difference in ROApost1 performance in pre and post...

Every day is Valentine’s Day

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Every day is Valentine’s Day N. M. Leepsa Oh, My Love, My Darling, My Sweet Boy Since you and I are together in this year This Valentine’s day brings overwhelming Joy My cute honey bear Oh, you're Mr. Perfect (my Mr. Right) You're the Prince Charming (my Prince) You're the Dream Merchant (my Romeo) In my fairy tale And when you love me I can't stop myself to love you more I can't happier than staying in your heart This the best chapter of my life Oh, you're Honey-Bun (my Love Muffin) You're the Hot Chocolate (my Handsome Man) You're the Fluffer Nutter (my Funny Hunny) And in my heart I have listed many names to call you sweetly I love you very much, my Angel, my Knight, my Everything “To love you and to be loved by you” is only thing I want My world, My sunshine, my dear adorable Valentine Every day is Valentine’s Day with your love for me in your heart Every day is Valentine’s Day with your faith that you have on ...