Upload
others
View
2
Download
0
Embed Size (px)
Citation preview
Sixth International Seminar
on
Emerging Capital Markets: Issues and Challenges
(EMCAM IC -2011)
held during
8th & 9th January, 2011
Organized by
Department of Commerce and Financial Studies
Bharathidasan University
T1ruchlrappalll- 620 024, Tamil Nadu, INDIA
SMART Journal of Business Management Studies (A Professional, Refereed, International and Indexed Journal)
www.smartjournalbms.org
Venue
A/C Auditorium, Bharathidasan University Main Campus
Organizer
Dr. M. SELVAM
Seminar Director
Head, Dept. of Commerce and Financial Studies
Bharathidasan University
Tiruchirappalli -620 024
&
Founder - Publisher &Chief Editor
SMART Journal of Business Management Studies
Phone (0) +91-431-2407029, 2407071
(Extn- 619), Mobile +91-9443025112
reviewers, they will be published in the SMART Journal of BusinessManagement Studies (An International referred serial).
Registration Fee
CATEGORY INDIAN FOREIGNPARTICIPANTS PARTICIPANTS
In Rs In US Dollars*UG/ PGStudents 400 75M.Phil/PhDScholars 500 75Faculty Members/FacultyScholars 750 175AccompanyingPerson 700 175Corporate representative' 1000 250
* Foreign delegates should pay registration fee in value equivalent to Indianrupees on the spot.
The registration fee covers lunch, tea and seminar kit. The participantsare requested to make their own travel and accommodation arrangements.
The fee should be paid in the form of cash/ Money Order/ Crossed DD drawn infavour of SMART JOURNAL payable at Tiruchirappalli. The author andco-author should register separately. The seminar kits will not be provided
for accompanying person and for those who register after last date or spot
registration. .
The address for all correspondences
Dr. M. Selvam,Seminar Director, EMCAM IC- 2011
Associate Professor and Head, Department of Commerce and Financial Studies,Bharathidasan University, Tiruchirappalli-620 024. Tamil Nadu. INDIA
&.
Founder - Publisher & Chief Editor, SMART Journal of BusinessManagement Studies
Phone (0) +91-431-2407029, 2407071 (Extn- 619),® +91 -431-2341112, Mobile +91-9443025112.
•••11,If
For more details, please visit our website:http;l lwww.bdu.ac.jnleyentslcs2011.pdf
\Sixth International Seminar
on
Emerging Capital Markets: Issues and Challenges(EMCAM IC -2011)
Important Dates
December 01, 2010 Submission of Abstractand Full Paper,Registration Deadline
January 08 - 09,2011 Dates of the Seminar
Department of Commerce and Financial StudiesSchool of Economics and Commerce,
Bharathidasan University,Tiruchirappalli -620 024,
Tamil Nadu, Indiawww.bdu.ac.in
and
SMART Journal of Business Management Studieshttp://www.smartjournalbms.org
Department of Commerce and Financial Studies
The Department of Commerce and Financial Studies, Bharathidasan
University, Tiruchirappalli, Tamil Nadu, India proposes to conduct the SIXTHINTERNATIONAL SEMINAR on 08th and 09th January, 2011, in line with its
policy of conducting annual seminars on the theme of capital Market Research.
The outcome of this annual event creates a signficant impact in the domain
of capital market research. A large number of teachers, scholars, students
and corporate representatives and other interested persons will participate
and present their papers. This year's seminar will be organized on Emergingcapital Markets: Issues and Challenges (EMCAM IC- 2011) in association
with SMART Journal of Business Management Studies.
Track ThemesA Capital Market Intermediaries- Mutual Fund, Merchant Banking,
Insurance, Pension Fund, Credit Rating, Venture Capital.
B Case Studies relating to Capital Market and Financial Innovations
C Corporate Governance and Capital Market
D Debt Market and Instruments
E Derivatives - Futures, Options and Commodities
F Equity Market - Primary Market - Book Building, Private PlacementSecondary Market - Trading and Settlement, Demat, Online Trading.
G FDI, FII and Indian Capital Market
H Financial Engineering and Innovations
I Investors Education, Attitude and Grievances: Investors Psychologyand Stress.
J Regulation of Capital Market- SEBI
K Other relevant areasSMART Journal of BusinessManagement Studies
SMART Journal of Business Management Studies is an
International referred Journal published bi-annually by Scientific Management
and Advanced Research Trust (SMART). It is dedicated to the promotion and
development of research in general and to the field of business management
in particular. The Trust wants to stimulate and develop debate on areas of
topical concern and to provide a forum for multi and inter disciplinary study.
The trust also wants to conduct seminars and workshops, which will elaborate
and discuss in detail various research papers. In line with the above objectives,
it is decided to organize an International Seminar on EMCAM IC- 2011.
Important Guidelines for Submission of Research Papers
~ Abstracts, not exceeding 75 words, should reach us on or before the deadline.Authors must clearly indicate the broad area (Track) mentioned above in
which their papers could be considered.
~ The registration could be made if you provide the name of the author and
co-author if any, corresponding address, e-mail ID, fax, telephone number,title of the paper, DD particulars, etc in writing (in white paper).
~ The length of the manuscript should not exceed 10-12 pages, inclusive of
table, figures, illustrations and references.
~ The manuscripts will be subjected to blind review process.
~ The participants must send a hardcopy of the manuscript; together with CD.However, the participants must also submit their paper as an e-rnailattachment using MS Word 2003 version to [email protected].
~ Title of accepted papers for presentation will be intimated through e-mail.
~ The use of e-mail is encouraged for all further correspondenceincluding acceptance of letter, invitation, etc.
Seminar Theme
This year's seminar endeavours to examine the different dimensions of
the financial sector. Among the intermediaries, mutual funds show signs of
considerable change. Security markets regulation, its evolution and the challenges
faced by it have become an important matter of interest and debate. Further,
issues pertaining to the debt market and derivatives market continue to nag the
Indian financial markets. The seminar would mainly focus on the various
dimensions of. Indian capital Market. The seminar encourages policy research'" :~
on various sub themes. The Seminar on "Emerging Capital Markets: Issuesand Challenges(EMCAM IC- 2011)", therefore, proposes to invite RESEARCH
PAPERSin the following Seminar tracks:
Publication of Research Papers
.:. If the presented RESEARCHPAPERSare prepared as per the guidelines of
SMART Journal and considered to be of academic value by the panel of
TIRUCHIRAPALLI
THE HINDU. THURSDAY, JANUARY 13, 2011
LASSIFIEDS- T\.AR Thanjavur Yesterday TIruchchirapalli
Pages 6 & 7
More Regional Adverti.sements: Pages 5 , 6 & 7
Karur Yesterday
6 31/19 6» »
31/22 6 31/2C»
Conditions! ""'" _mln..".., in CeIWs.
r istinguished achievers honouredwith SMART Journal Awards 2010Staff Reporter
TlRUCHI: The 2010 awards ofSMARTJournal instituted bythe Scientific Managementand Advanced ResearchTrust, Tiruchi, and the De-partment of Commerce andFinancial Studies, Bharathi-dasan University, were pre-sented here recently.
The Distinguished LifeTime Achievement awardswere conferred on SatyaChattopadhyay, AssociateProfessor and Director, KaniaSchool of Management, USA,and V.K.Boorninathan, Headof the PG Department ofCommerce, Bishop HeberCollege. The Young Manage-ment Scientist Award wasconferred on N. Ramya, As-sistant Professor in Com-merce, Periyar EVR College,
Tiruchi. The research paperof Bidyut Jyoti Bhattachar-jee, Assistant Professor inCommerce, B.H.College, As-sam, which published in theSMART Journal in the year2010, was awarded theSMART Journal Best PaperAward.
Vice-Chancellor K. Meenaconferred the awards onthem and explained how theeducation system in develop-ing India can be further ori-ented to a learner-centricapproach to reap huge re-turns from demographic ad-vantage. Illustrating themotivation theories of man-agement to specify that earn-ings alone won't providesatisfaction, M.Selvam,Founder, Publisher and ChiefEditor of the internationallyreferred SMART Journal,
•
spoke of how recognitioncould lead to achievements.
A Visiting Professor ineight foreign Universities inChina, Ukraine and France,Dr. Chattopadhyay, who has23 years of teaching and 10years of administrative expe-rience and has so far present-ed papers in 60 national andinternational conferencesand published 22 research pa-pers in refereed journals, hadalready received 14 awardsfrom international organisa-tions.
Prof. Boominathan has 35years of Teaching and 12years of administrative expe-rience, and is a Master Train-er in HRD TrainingProgrammes since 1986.He isalso Consultant and Trainerfor All India Association forChristian Higher Education,
•
•
New Delhi, LIC, GIC, ZTS-Southern Railways and othercorporate entities. Dr. Ramyahas published 19research pa-pers in refereed journals andalso authored a book, besidespresenting papers in 22 na-tional and international con-ferences.
-Distinguished delegateswho felicitated the awardwinners included SanjoyBose, Professor and AssociateDean, School ofManagement,New York Institute of Tech-nology,Abu Dhabi, UAE;Mo-han Gnana Olivu, Professorand Asst. Editor, SMARTJournal of Business Manage-ment Studies; E. Bennet ofAllNations Univesity, Ghana;and S. Sekar, Principal, Uru-mu Dhanalakshmi College Iand President, SMARTJour-nal Annual Awards- 2010.
@~1fj fi'ljDLJL.j<!fS;~W,,!wrf/Q, fi'ljDUL.j LrrS;LrrS;iTTS;Q)~ffII Qs;rr.m.@wrrJD[f)li> ii>jDtar rrGtfis;GtfitarQCFUJQ,~ m 1fjm~WusJD[f)lW 8il1fji>ii>~tarS;.mLfDlfb- w®1fjffllQJScCFrrm[f)lQJ/:p~S; :UTriTTtarrr. arw(}QJ ii>®Scfi'lwrrruLLi>ii>Q, :Lf.TriTT
WrrJD!!)Ji>ii>jDtarrrGtfis;~Q,•@ffIIQJ~f1 .20<J!5s;«?uUJjD® QJ/:pff1JS;UUL.LWrrJD!!)Ji>ii>JDtarrrwrf/S;~S;<6rrtar (}1fjfi'lUJ~~LUJrriTT~LQj)L QUjDrr1fjrurrs;f>irWL@W ~rurrS;f.Tr QJfi'I.i®W 'tj!mp5!UJ,! u®ii>u1!Q,'!Jj~LQU!!)JW (!jJs;rrwq,wrf/Q, (}~If)Q, S;Q)~ffIIQs;rr.m@ uUJ.m QUjDeomb. e;JDS;tar(}ruwrrJD!J)Ji>ii>jDtarrrGtfiq,~.is; rrtar (}!5 fi'I UJ~~LUJrriTT ~L~LQUrDjDrurrS;f.Tr @w~a;~Lli/Q, a;Q)~~ Q8;lTiTTiTT1fj
(}~roruuJ)Q,~Q).
, @~rurr!!)J ~ii>Q,s;",[email protected]~.
~ @~QJm~~6\l !J;L~$IiAlQJ &6T6iu.~. 8i6\l~rrlfl~QJ8;~ AlQJ~~rrrr. ~®~6\l®~I5me!Prr~~, .@11J8;~mrrJrr UrrmTlq.~lJ)rrrr~~Cl1Jrrrr.
~~IJi6lD6l)8; IJiro~nluSlro CBjliJDJlll jli6lDLQuJDlO U65rQl'ITLffi)4FlbQLDITIPl JLW!JITW6I.J 6lDLDW QUITJlllULJ .9I~6lI6l)ri' !JITLD4FlTuSl101Tri'. .9I®$lro IJiro~nl Qc!FW6l)IT6TTri' ~jii~6lIIT65r, IJiro~nl6ToLq65r.
u rr!Ji:J~rr Cf fiT u ioffi a>6l).uS/io
6lJ 6Imfl BimllUm ~ 6D),m u5l m 6l,m.ffi to(gurrrr61rfllUrTBi<!!5B;® ml®~ +
~®If61, !1iI~. 8: ~wro ~!DIJS'~ 1fl1O!f;~ oOOrrfu®1bCBu!JITlflnlwri'1Ji@!l8;® UIT!Jjbl$!>1Tc!Fm urolJi6lD6l)8;a;wa;ibjb1si>CBjliJDW6luLDrrri"L 615l®@ 6lJwrfua;UuLL@.
uIT!Jjb1fblTc!Fm uroa;m6l)ci;a;wa; 6lI~a; LDIDWIb Jbljb1ci;a;ro61SluS)wro ~lD LDIDWIb 6luLDITri'LJblw6lJmlb .@rn6m!f;@6luLDITri'L6lI~C66l5lwro <:9j,w615lfbW !!iLfii~mJD65T.
6lJ~615lwro ~jDuSlro 6ljDuuITa; Qaowrou(ij\1b CBu!JIT6lnlwri' a;6fr, <:9j,W6lJIT6lTri'a;®ci;® 615l®@B;6fr 6lJwrfua;uu(ij\.$lmjDm. a;Lrf,~ <:9j,~@ci;a;ITm 6l5l®@ 6lJWrfu®tb 6l5lWITUIT!T~ITc!F65r U6Ua;rn6l)8;a;wa; 6lJ6TTITa;~ro CB!!iIDW!!iL~@.@rn6mCB6lJrf,fbri' tbmIT fbrn6l)rnLD 6lJ.$lfii@, 6l5l®@a;rn6TT6lJWrfu.$l~ITri'. 6l5lWIT6l5lro, .@IGlLDnl8;a;IT6l5lro~6fr6lT a;mwITCBLD6l)IT~rnLD JblW6lJm CBu!TITlflnlwri' c!Ffiijb1w c!FLCBLITUITfiiWITw, ~®Iiolfl t..51~u ~uri' ffiro~nl 6lJ~a;6l5lwro@rnlD (!pmmIT6fr fbrn5\)6lJIT ld,uSl!!iITfbm <:9j,.$lCBWIT~ci;®fbmllio IfljDuLj GluIDlD 6lJrrW!!iIT6fr c!FITfbrnmwIT6lT1T6l5l®@Ib,GlunlWITIT ff.Gl6lJ.!TITffiro~nl 6lJ~a;6l5lwro @rnlD CBu!TITIflnlWIT !TlbwlT @rn6lTw CBLD5\)IT~rnLD .@I!!516lJIT6lT1T6l5l®@Ib,.@Ic!FITtbLDIT~5\) t..51.5T1fa;ro~nl CBu!TIT6liflWITt..51fiilllibCB!1iIIT~uSlm <:9j,!TITwlio61ffiL@m!Tci;®, 6lulDlTITL .@fblPlm 6llDrf,~a;L@m!Tci;a;ITm 6l5l®@1b 6lJWrfuffiUULL@.
U~.$a;1PIJi 6lI~IJi615lwro LDIDWIb ~ IJiro6l5luiuQ) eJ6lD!Dtii $!>6lD6l)6lIITQaoro6lJ1b 6lJ!]ColJli>!Drrri'. ~®UP
• IJitDl a;ro nl '. " .
1
Two Day International Seminar on Emerging Capital Markets: Issues and
Challenges
The Department of Commerce and Financial Studies, in association with SMART
Journal of Business Management Studies, organized the UGC Sponsored two day
International Seminar on the “Emerging Capital Markets: Issues and Challenges”
during 8th and 9th January 2011.
The theme of the seminar was the examination of different dimensions of the
emerging Capital Market. The security markets regulation, its revolution and challenges
faced, issues pertaining to Debt Market, Equity Market, Derivatives Market, Mutual
Funds, Capital Market Regulations, Corporate Governance, Investors Education and
Grievances and Financial Innovations, were discussed.
Prof.S.R.Pujar, Director, Sardar Vallabhbhai International School of Textiles
Management, Coimbatore, delivered the inaugural address on the topic, “Capital
Markets and Textiles Industry”. He analysed the role of capital market in Indian textile
2
industry. Thiru. Pujar also highlighted the growth prospects in technical textiles like
medical textiles, Geo Tex, agricultural textiles and Readymade Garments. A souvenir,
consisting of the 300 abstracts received for presentation, was released at the inaugural
function.
Dr.M.Selvam, Seminar Director, Founder-Publisher and Chief Editor of SMART
Journal of Business Management Studies, welcomed the gathering and pointed out
that around 25 foreign delegates from eight different countries like USA, Malaysia,
Bangladesh, Ethiopia, Sri Lanka, UAE and Ghana and 400 delegates from all over India
participated in the Seminar.
Professor Sanjoy Bose, Professor of Finance & Associate Dean, School of
Management, New York Institute of Technology, Abu Dhabi, UAE, offered felicitations at
the seminar.
A Special lecture on the topic, “Strategic Investing in Emerging Markets: The
Role of Sovereign Wealth Funds”, was delivered by Dr. Satya P. Chattopadhyay,
The Kania School of Management, USA. He clearly explained the purpose and types of
Sovereign Wealth Fund, implications of Sovereign Wealth for Global Economy,
Company, and Governments.
Dr.Sankaran Venkateswar, Professor of Accounting, Trinity University, USA
delivered a special lecture on a very important topic, “CHINDIA – A Re-awakening of
China and India as Economic Powerhouses”. He predicted that by 2050 India would
be the third largest super power after China and USA. Finally he suggested that India
has to deepen its sources of capital, develop debt market, education and environment
to become third largest by 2050.
On the Second Day – 09/01/2011 (Sunday), Dr.Victor Louis Anthuvan,
Professor, Loyola Institute of Business Administration, Chennai, delivered a lecture on
“Capital Markets: Issues and Challenges”. He observed that Financial Market should
be monitored, watched, regulated and controlled and it should help the Real Sector to
grow. He remarked that India would be the World’s No 1 by 2060, if it overcame the
challenges like poverty, inequality, regional disparity, infrastructure.
3
“Retail Investors Strategy in Equity Market” was discussed by
Mr.A.K.Narayan, President, Tamil Nadu Investors Association, Chennai. He advised
the investors to be informed about the market, understand the Investor Protection and
appreciate the role of the regulators.
At the Valedictory Function, Dr. WRPK Fernando, Senior Lecturer, Rajarata
University of Sri Lanka, Mihintale, Sri Lanka, explained the role of capital market in the
economic development of the country. He compared the development of capital market
in Sri Lanka and India.
Dr. V.Manickavasagam, Professor of Corporate Secretaryship and Controller of
Examinations, Alagappa University, Karaikudi, delivered the Valedictory Address. He
explained that the culture of the people is closely related to the ecomomy of the country
and thus fall in savings habit and culture drove the U.S economy to crisis. He advised
the participants to become successful investors by listing out the suggestions of good
investors.
This two day International Seminar successfully came to an end with the vote of
thanks by Dr.M.Selvam, Organizer of this seminar. In his speech, he announced that
the best papers presented at the seminar will be considered for publications in the
SMART Journal of Business Management Studies. The faculty members Dr.M.Babu,
Dr.S.Vanitha and Dr.J.Gayathri and all the scholars and students were complimented
for working for the success of the seminar.