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Anurag K. Agarwal

Bio: Anurag K. Agarwal is an academic researcher from Indian Institute of Management Ahmedabad. The author has contributed to research in topics: Bankruptcy & Foreign language. The author has an hindex of 1, co-authored 4 publications receiving 3 citations.

Papers
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Journal ArticleDOI
15 Oct 2020
TL;DR: In this article, the authors present an approach for insolvency and bankruptcy reform under the terms of the Creative Commons AttributionNon-Commercial 4.0 License (http://www.creativecommons.org/licenses/by-nc/4.115 Creative Commons Non Commercial CC BY-NC:
Abstract: 115 Creative Commons Non Commercial CC BY-NC: This article is distributed under the terms of the Creative Commons AttributionNonCommercial 4.0 License (http://www.creativecommons.org/licenses/by-nc/4.0/) which permits non-Commercial use, reproduction and distribution of the work without further permission provided the original work is attributed as specified on the SAGE and Open Access pages (https://us.sagepub.com/en-us/nam/open-access-at-sage). Insolvency and Bankruptcy Reforms: The Way Forward

6 citations

Book ChapterDOI
01 Jan 2019
TL;DR: The authors discusses some important foreign language words, phrases and maxims, along with some cases, in a book called "It's All Greek to Me" which discusses the use of foreign languages in business.
Abstract: “It’s All Greek to Me” discusses some important foreign language words, phrases and maxims, along with some cases. Despite the best intentions of using one’s language to put the thoughts in words, there are occasions when foreign language words creep in oral and written communication. If we take the example of the English language for conveying our thoughts as business leaders, there are several words and phrases of foreign languages—French, Greek, Latin, Spanish and so on—which find their way to the text on their own. With globalisation and international trade growing exponentially, big markets like China and India also have their languages finding a noticeable acceptance. Due to immense technological and management advances, some of the commonly used Japanese words and phrases have already been accepted in business. But, the legal language still is dominated by Latin and Greek words, phrases and maxims.

1 citations

Book ChapterDOI
01 Jan 2019
TL;DR: In this paper, the authors discuss the importance of social media in business communication, along with the legal implications, and the need to maintain legal uprightness, both in content and language used.
Abstract: “Man Is a Social Animal” discusses the emergence of social media in recent times and the importance it deserves in business communication, along with the legal implications. In the last decade or so there have been dramatic changes observed in the way social media has been emerging, thanks to the galloping development in technology and different business models which make this technology easily accessible to almost every one, irrespective of the economic strata to which they belong. Businesses find it challenging in the changing times to keep pace with the revolutionary changes happening in the social media as businesses ought to be moving ahead with the changes and keeping themselves aligned with the extremely fast-changing norms lest they should fall back in the competition race. However, in this entire exercise they must maintain legal uprightness, both in content and language used.

1 citations

Journal ArticleDOI
15 Oct 2020
TL;DR: In this article, the authors present a taxonomy of financial distress, bankruptcy, and corporate finance under the terms of the Creative Commons AttributionNon-Commercial 4.61 Creative Commons Non Commercial CC BY-NC.
Abstract: 61 Creative Commons Non Commercial CC BY-NC: This article is distributed under the terms of the Creative Commons AttributionNonCommercial 4.0 License (http://www.creativecommons.org/licenses/by-nc/4.0/) which permits non-Commercial use, reproduction and distribution of the work without further permission provided the original work is attributed as specified on the SAGE and Open Access pages (https://us.sagepub.com/en-us/nam/open-access-at-sage). Introduction to the Special Issue on ‘Financial Distress, Bankruptcy, and Corporate Finance’

1 citations


Cited by
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Journal ArticleDOI
TL;DR: The burden of sexual abuse remains a global reality and it is known to affect adolescents' psycho-social well-being as discussed by the authors, and the current study aimed at determining the unanimity findings on the relationshi...
Abstract: The burden of sexual abuse remains a global reality and it is known to affect adolescents’ psycho-social well-being. The current study aimed at determining the unanimity findings on the relationshi...

9 citations

Posted Content
TL;DR: In this paper, the authors developed a model of corporate credit markets in such an environment and found that efficient bankruptcy should be associated with more bond issuance by high-risk borrowers, and that both predictions hold both cross-country and using insolvency reforms as natural experiments.
Abstract: In many countries, bankruptcy is associated with low recovery by creditors. We develop a model of corporate credit markets in such an environment. Corporate credit is provided by either a bond market or risk-averse banks. Restructuring of insolvent firms happens out of court if in-court bankruptcy is inefficient, giving banks an advantage over bondholders. Riskier borrowers will use bank loans anywhere, but also bonds when bankruptcy is efficient. The model matches empirical debt mix patterns better than fixed-issuance-cost models. Across systems, efficient bankruptcy should be associated with more bond issuance by high-risk borrowers. This effect is small or absent for safe firms. We find that both predictions hold both cross-country and using insolvency reforms as natural experiments. Our empirical estimates suggest that a one-standard-deviation increase in the efficiency of bankruptcy is associated with an increase in the stock of corporate bonds equal to 5% of firm assets. This is equivalent to two thirds of the difference between the US and other countries.

6 citations

Journal ArticleDOI
09 Apr 2020
TL;DR: Transdisciplinary transpraxis as mentioned in this paper is a new phenomenon in transdisciplinarity that is enriched with the zone of nonresistance, the unifying Hidden Third, and a richer notion of resistance in the form of multiple levels of Reality.
Abstract: This paper represents an inaugural attempt to relate transpraxis to transdisciplinarity. After providing overviews of Nicolescuian transdisciplinarity (especially ontology), praxis, and transpraxis, their juxtaposition revealed that augmenting transdisciplinarity with transpraxis and vice versa is a noteworthy addition to both strands of thought. Transdisciplinarity gains reflexivity, dialogic exchange, transpraxis space, contingent universalities and provisionality, and the notion of deconstructing self-serving hierarchies. Transpraxis gains a rich methodology for creating new knowledge emergent from deconstructing self-serving hierarchies and binaries. It is enriched with the zone of nonresistance, the unifying Hidden Third, and a richer notion of resistance in the form of multiple levels of Reality. Researchers and practitioners are encouraged to build on the narrative shared in this paper and conceptualize the neologism transdisciplinary transpraxis as a new phenomenon.

4 citations

Journal ArticleDOI
TL;DR: In this article , the effect of competition on the bank's financial distress in India has been investigated using three variants of Altman's Z-score for the assessment of FD and a panel data analysis was performed for regression analysis.
Abstract: Abstract Financial distress (FD) is a crucial issue that needs to be resolved in time; otherwise, it may adversely influence society’s areas. Therefore, identifying the factors responsible for FD and how these factors affect FD is an exciting area of research. Given this, this paper proposes investigating the effect of competition on the bank’s FD in India. This paper uses the data of 34 banks operating in India for the observation period (2016–2019). Three variants of Altman’s Z-score are used for the assessment of FD. Lerner’s index of the banks is developed for the competition measurement. A panel data analysis is further performed for regression analysis. The current study has an interesting outcome. The findings reveal that high market power or low competition lowers financial distress and adds more financial stability in banks in India. This paper provides fresh evidence on the connection between market power and FD of banks in India. Moreover, no other study has been observed to use all the three variants of Altman’s z-score to provide robustness and reliability in results. Therefore, the study has a significant contribution and a novelty in its approach.

3 citations

Journal ArticleDOI
TL;DR: In this article , the Indian Government introduced the pre-packaged insolvency process exclusively for small and medium firms and aimed to critically review some of the key features of the process and also identified potential glitches imminent in the initial years of implementation.
Abstract: Purpose To augment the Insolvency and Bankruptcy Code, the Indian Government introduced the pre-packaged insolvency process exclusively for small and medium firms. This paper aims to critically review some of the key features of the process and also identifies potential glitches imminent in the initial years of implementation. Design/methodology/approach This study is descriptive and based on secondary data. The provisions of the pre-pack scheme, Insolvency and Bankruptcy Code and reports on the progress of insolvency resolution in India are used to substantiate the observations. Findings This study shows that pre-packs would certainly help enhance the small and medium enterprise insolvency resolution process in India. However, the ambitious time frame can be adhered to only if the institutional framework for bankruptcy is strengthened. Research limitations/implications This paper is based on the initial regulatory provisions of the pre-pack process. Subsequent changes in regulations may affect the findings. Practical implications Some of the concerns in the process and the changes required to facilitate a smooth, speedy and efficient resolution process have been highlighted in this study. Originality/value Pre-packs are a very recent introduction to the insolvency regime in India. This paper makes a fervent attempt to explain the pre-pack process and the outcomes that can be expected in the early years after its rollout.

1 citations