- Nepal
kapil subedi
Santa Monica College, Department of Management Studies, Faculty Member
Research Interests:
... Total: 3 C. Manufacturing & ProcessiSectors Page 4. 1. Botlers Nepal Ltd. 1998 to 2001 4 2.Unilever Nepal Ltd. 1998 to 2005 8 3. Botlers Nepal (Terai) Ltd. 19996 to 2004 9 4. Bhrikuti Pulp and Paper Ltd. 2000 to 2003 4 5. Shree... more
... Total: 3 C. Manufacturing & ProcessiSectors Page 4. 1. Botlers Nepal Ltd. 1998 to 2001 4 2.Unilever Nepal Ltd. 1998 to 2005 8 3. Botlers Nepal (Terai) Ltd. 19996 to 2004 9 4. Bhrikuti Pulp and Paper Ltd. 2000 to 2003 4 5. Shree Ram Sugar Mills Ltd. 2000 to 2001 2 ...
Research Interests:
Research Interests:
Research Interests:
Research Interests:
Research Interests:
Research Interests:
Research Interests:
Research Interests:
In a financial market with information, agency and contract enforcement problem, partially informed firms have difficulty to access in capital markets and they face some restrictions to get adequate external capital at similar cost of... more
In a financial market with information, agency and contract enforcement problem, partially informed firms have difficulty to access in capital markets and they face some restrictions to get adequate external capital at similar cost of their internal funds. Hence, these firms display the preferential order of financing choices, for example; first they invest internal funds, second debt capital and equity as last resort. However, such preferences of financing order commonly known as Pecking Order are not similar in all cases due to the nature of firms, their financial health, borrowing capacity, and functioning of capital markets. Under this backdrop, this study attempted to test this Pecking Order Hypothesis (POH) in financing decisions of Nepalese firms. Moreover, it tried to examine the effect of firm's borrowing capacity, informational efficiency, financial risk, operating growth, taxes and internal profitability on pecking order financing preferences of firms. It used quantit...
This paper aims to examine the current status of investment and availability of financing to hydro power companies in Nepal. Using pooled cross sectional data of NEPSE listed companies; a regression equation has been estimated to... more
This paper aims to examine the current status of investment and availability of financing to hydro power companies in Nepal. Using pooled cross sectional data of NEPSE listed companies; a regression equation has been estimated to determine the effect of financing constraints on investment decisions of hydro companies. The study results confirm that internal cash flows and leverage are the major determinants of investment decisions in Nepalese hydro companies. Moreover, the coefficient of internal cash flow is significantly strong and positive showing its interdependency in financing new investment projects of hydro companies. This relationship strongly supports the financing constraints hypothesis that indicates the capital market frictions as the major obstacle of hydro investment in Nepal. Although the companies have access to banks and foreign capital, still the financing gaps persist and they are highly dependent on their internal cash flows for investment. Additionally, the vo...
... The author is acknowledged to Professor Dr.Rdhe S. Pradhan, Professor Dr. Manohar Krishna Shrestha, Professor Dr.Rajan Bahadur Poudel and Professor Dr.KD Manandhar for their valuable comments and suggestions. E-mails are welcomed at... more
... The author is acknowledged to Professor Dr.Rdhe S. Pradhan, Professor Dr. Manohar Krishna Shrestha, Professor Dr.Rajan Bahadur Poudel and Professor Dr.KD Manandhar for their valuable comments and suggestions. E-mails are welcomed at kapilsapta@yahoo.com. ...
... 45 White-Water River Rafting Service Providers are located in Nepal ... One horn of rhino values at least Rs 5 million in international market. ... Use of chemical fertilizers and pesticides has increased and their residue affects... more
... 45 White-Water River Rafting Service Providers are located in Nepal ... One horn of rhino values at least Rs 5 million in international market. ... Use of chemical fertilizers and pesticides has increased and their residue affects water quality of the river systems. ...
Research Interests:
Research Interests:
... Total: 3 C. Manufacturing & ProcessiSectors Page 4. 1. Botlers Nepal Ltd. 1998 to 2001 4 2.Unilever Nepal Ltd. 1998 to 2005 8 3. Botlers Nepal (Terai) Ltd. 19996 to 2004 9 4. Bhrikuti Pulp and Paper Ltd. 2000 to 2003 4 5. Shree... more
... Total: 3 C. Manufacturing & ProcessiSectors Page 4. 1. Botlers Nepal Ltd. 1998 to 2001 4 2.Unilever Nepal Ltd. 1998 to 2005 8 3. Botlers Nepal (Terai) Ltd. 19996 to 2004 9 4. Bhrikuti Pulp and Paper Ltd. 2000 to 2003 4 5. Shree Ram Sugar Mills Ltd. 2000 to 2001 2 ...
Research Interests:
Firm financing and investment policies are central to the study of corporate finance. In imperfect capital market, financing and investment policies of enterprises are dependent to each other. Firm’s investment decisions depend upon the... more
Firm financing and investment policies are central to the study of corporate finance. In imperfect capital market, financing and investment policies of enterprises are dependent to each other. Firm’s investment decisions depend upon the access and availability of finance in capital market. But various capital market frictions like information and incentives wedge the efficient allocation of fund to each of marginally profitable project. Consequently, in asymmetric informational theoretic framework, firms change their strategies in raising their capital. Firms' first best choice for financing their investment in severity of information problem, rests on their internal funds since it is the cheapest and more unrestricted source of finance to the managers. To this milieu, this paper focuses on investigating whether the Nepalese enterprises depend on their internal funds to finance their investment or not? World Bank Enterprise Survey data set are employed to examine the investment ...
