Corporate Decisions of RIL: Impact on Share Prices and Policy Implications

Abstract

Corporate decisions are considered to be always significant to the business. The businesses do always focus with the objectives of profit maximisation and wealth maximisation. Maximisation of wealth is the most important objective of any business is the assumption upon which this study is conducted. It’s evident from the literature that corporate decisions, risk tolerance etc. of investor have attracted the interest of researchers from the time immemorial. It’s a common notion that corporate decisions are very sensitive. It’s a fact that share price movements are also very sensitive in any financial market. Considering the business environment, stock market etc. growing and highly sensitive in nature, the corporate decisions also must have followed the same track as far as the sensitivity concerned.