Sapovadia, Vrajlal (2015): Value, Kinetic & Safety Fund for Corporate: Lessons Learnt From Economic Crisis & All Time Answer To the Bailout.
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Abstract
The author proposes security transaction charge on secondary market and the charge so collected should be deposited in special fund for the corporate under the “Value Kinetic Safety Fund”. The fund so collected in form of Security Transaction Charge (STC) should be maintained, supervised & used by the government under supervision of high power committee comprised of Central Government nominees from Revenue/Finance ministry, Central Bank, Security Exchanges, Bankers, Industry representatives & other experts. The fund may be released in the time of industrial crisis of general or particular industry. The fund should be released only in the circumstances of crisis to restore industry in normal position. VKS fund provide future bailout and value kinetic through perpetual mechanism.
Item Type: | MPRA Paper |
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Original Title: | Value, Kinetic & Safety Fund for Corporate: Lessons Learnt From Economic Crisis & All Time Answer To the Bailout |
English Title: | Value, Kinetic & Safety Fund for Corporate: Lessons Learnt From Economic Crisis & All Time Answer To the Bailout |
Language: | English |
Keywords: | Bailout, Stock Exchanges, Secondary Market, Value mechanism |
Subjects: | G - Financial Economics > G2 - Financial Institutions and Services > G28 - Government Policy and Regulation |
Item ID: | 63576 |
Depositing User: | Dr. Vrajlal Sapovadia |
Date Deposited: | 11 Apr 2015 10:23 |
Last Modified: | 03 Oct 2019 16:26 |
References: | Peter S. Goodman, "Credit Enters a Lockdown" "Economic memo", The New York Times September, 2008 Cho, David; Binyamin Appelbaum, "Unfolding Worldwide Turmoil Could Reverse Years of Prosperity", The Times, October 2008 Associated Press, Bank on this: bank failures will rise in next year", (2008-10-05) UBS AG, "Recession". There is no alternative. Daily roundup for 2008-10-06. Retrieved 2008-10-12 http://www.telegraph.co.uk/finance/financetopics/financialcrisis/3159898/Financial- crisis-Bail-out-explained.html JEANNINE AVERSA, Associated Press, Officials: tracking bailout money is difficult, New York Times dated: 2008/11/24 Irish Mike, Auto Bail Out.. (Classic socialism in action) December 1, 2008 Chris Isidore, A Auto bailout: Showdown, Should Congress bail out the Big Three? Here's what lawmakers are considering and what's at stake, CNN Money.com Kavaljit Singh, India Introduces Securities Transaction Tax, http://www.countercurrents.org/eco-singh200704.htm, Znet 2008 Dhananjay Sahu, Does Securities Transaction Tax Distort Market Microstructure? Evidence from Indian Stock Market, Banaras Hindu University, India 2008 Claes Fornell, Sunil Mithas, Forrest Morgeson III and M.S. Krishnan, CRS Report for Congress, Transaction Tax: General Over View, by Maxim Shvedov 12 Journal of Marketing, "Customer Satisfaction and Stock Prices: High Returns, Low Risk", 2008 |
URI: | https://mpra.ub.uni-muenchen.de/id/eprint/63576 |