Open AccessConvergence with the IFRS - Benefits and Challenges for India
Author(s) -
Archana Bhatia
Publication year - 2014
Publication title -
international journal of management and information technology
Language(s) - English
Resource type - Journals
ISSN - 2278-5612
DOI - 10.24297/ijmit.v10i3.1660
Subject(s) - convergence (economics) , capital market , position (finance) , globalization , business , production (economics) , international economics , monetary economics , economics , finance , market economy , economic growth , macroeconomics
In recent times, capital markets have become global and continue to expand. Moreover, there has been significant globalization of production and trade. Investors can trade shares and securities worldwide. Entities are in a position to access the funds globally in the most advantageous markets.
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