International Business | PGDGFM | Semester III | Ease of Doing Business in India

Literature
Review

Balkrishna Parab
ACMA, FCS, PhD

Introduction
The literature review chapter of the project examines recent research studies that act
as a basis for the proposed study. A literature review is a survey of scholarly sources
on a specific topic. It provides an overview of current knowledge, allowing you to
identify relevant theories, methods, and gaps in the existing research. Writing a
literature review involves finding relevant publications (such as books and journal
articles), critically analyzing them, and explaining what you found.

Objectives of Literature Review

A literature review has four main objectives:

• It surveys the literature in your chosen area of study.

• It synthesises the information in that literature into a summary.
• It critically analyses the information gathered by identifying gaps in current
knowledge; by showing limitations of theories and points of view; and by
formulating areas for further research and reviewing areas of controversy.
• It presents the literature in an organised way.
A literature review shows your readers that you have an in-depth grasp of your
subject; and that you understand where your own research fits into and adds to an
existing body of agreed knowledge.

The Structure of a Literature Review

A literature review should be structured like any other essay: it should have an
introduction, a middle or main body, and a conclusion.

Introduction

The introduction should:

• Define your topic and provide an appropriate context for reviewing the
literature.
• Establish your reasons, or point of view for reviewing the literature.
• Explain the organisation, that is, the sequence of the review.
• State the scope of the review, that is, what is included and what is not
included.

Main Body

The middle or main body should:

• Organise the literature according to common themes.

• Provide insight into the relation between your chosen topic and the wider
subject area.
• Move from a general, wider view of the literature being reviewed to the
specific focus of your research.

Conclusion

The conclusion should:

• Summarise the important aspects of the existing body of literature.

• Evaluate the current state of the literature reviewed.
• Identify significant flaws or gaps in existing knowledge.
• Outline areas for future study.
• Link your research to existing knowledge.
Submission Schedule
The students are required to make phased submission as per the following schedule:

Serial Topic Last Date of Submission

1 Literature Review Saturday, September 4, 2021

2 Introduction Saturday, September 18, 2021

3 Research Methodology Saturday, September 25, 2021

4 Data Analysis Saturday, October 9, 2021

5 Conclusion Saturday, October 16, 2021

6 Complete Project Saturday, October 23, 2021

Research Paper Assignment

As the Ease of Doing Business in India is the first research project being done by
most students, we have recommended each student to review at least three research
papers. A list of the research papers is suggested for every student. Students are
encouraged to review more research papers. Students are also free to disregard the
suggested research papers and review papers of their choice as long as they can justify
the relevance of the research paper in the context of the project.

Faculty
The project guide is Balkrishna Parab. He is an Associate of the Institute of Cost and
Management Accountants of India (ICMAI), a Fellow of the Institute of Company
Secretaries of India (ICSI), and a PhD in Finance from the Jamnalal Bajaj Institute of
Management Studies, University of Mumbai. He has over three decades experience of
teaching and corporate training.
Evaluation Criteria
Research Paper Assignment
Sr Name Research Paper Title Hyperlink
101 Ashwini Bhuta Ease of Doing Business: A Adhana-Gulati
Comparative Study of India with
BRICS and SAARC Countries
Present State of Goods and Services Mukherjee
Tax (GST) Reform in India
Trade Liberalization and Labour Arbache
Market in Developing Countries:
Theory and Evidence
102 Kunal Ease of Doing Business Index of Bhargava
Undirwadkar India: Paving the Road Ahead
India Since Demonetisation Singh
E-Procurement Praxis in Lakshmi-Visalakshmi
Government Organizations
103 Rishabh Finance and Growth at the Firm Brown-Earle
Sharma Level: Evidence from SBA Loans
Lack of Credit in Albania; Who Is to Musta-Meka
'Blame' Analyzing the Demand
Globalization: Curse or Cure? Gokhale
104 Taniya Sonalkar Is Accelerator an Option? Impact of Sharma-Joshi-Shukla
Accelerator in Start-up Eco-System!
Comply or explain? Investor Bianchi-Ciavarella
protection through Corporate
Governance Codes
The Transparent Supply Chain: From Doorey
Resistance to Implementation at
Nike and Levi-Strauss
105 Tanvi Save Why Investor Protection is not all Pacces
that Matters in Corporate Law and
Economics
Judicial Architecture and Capacity Robinson
Does Lean Improve Labour Distelhorst-Hainmueller-
Standards? Management and Social Locke
Performance in the Nike Supply
Chain
201 Amit Venkat Doing Business in a Deals World: The Kar-Pritchett-Roy-Sen
Doubly False Premise of Rules
Reform
Approaches to Tax Avoidance Prebble
Prevention in Seven Asian
Jurisdictions: A Comparison
Gender Discrimination and Growth: Esteve-Volart
Theory and Evidence from India
Sr Name Research Paper Title Hyperlink
202 Anjana Uses and Abuses of Doing Business Channell
Nambiar Indicators
GST in India: Impact and Challenges Banik-Das
Internationalisation of Government Shingal
Procurement Regulation: The Case
of India
203 Dhiraj Dhole The Power of Ranking: The Ease of Doshi-Kelley-Simmons
Doing Business Indicator and Global
Regulatory Behavior
Finance for Micro, Small, and Singh-Wasdani
Medium-Sized Enterprises in India:
Sources and Challenges
Are Supply Chains Transnational Backer
Legal Orders? What We Can Learn
from the Rana Plaza Factory Building
Collapse
204 Felicia Lobo The Doing Business Indicators in Lin-Ewing-Chow
Minority Investor Protection: The
Case Of Singapore
The Impacts of Wal-Mart: The Rise Gerefi-Christian
and Consequences of the World's
Dominant Retailer
Corporate Insolvency: Separate Salim
Legal Personality and Directors'
Duties to Creditors
205 Janhavi Ladda Investor protection and corporate La Porta-Lopez-de-
valuation Silanes-Shleifer-Vishny
Doing Business in Indonesia: Antons
enforcement of contracts in the
general courts and the creation of a
specialized commercial court for
intellectual property and bankruptcy
cases
Child Labour: Cause, Consequence, Basu
and Cure, with Remarks on
International Labour Standards
301 Akash Nair What Drives the Capital Flows into Swamy-Narayanamurthy
BRICS Economies?
New Foundations for Taxing Desai
Multinational Corporations
The New Wave of Outsourcing Bardhan-Kroll
302 Jay Parikh Business Infrastructure and the Ease Pollard-Piffaut-
of Doing Business Shackman
Unfreezing Credit Markets Bebchuk
Hanging Together: A Multilateral Avi-Yonah
Approach to Taxing Multinationals
Sr Name Research Paper Title Hyperlink
303 Jhanvi Rayani The Impact of Business Environment Klapper-Love
Reforms on New Firm Registration
How entrepreneurs leverage Armanios-Eesley-Jizhen
institutional intermediaries in
emerging economies to acquire
public resources
Customs Management within Grainger
Multinational Companies
304 Rutika Thorat Constraining Dominant Conac-Enriques-Gelter
Shareholders’ Self-Dealing: The Legal
Framework in France, Germany, and
Italy
Exchange Consolidations: Success Jordan
and Failure
Legal Shock or False Start? The Fiebelman
Uncertain Future of India’s New
Consumer Insolvency and
Bankruptcy Regime: Bankruptcy or
Bailouts?
305 Sanika Kulkarni Controlling Shareholders and Gilson
Corporate Governance:
Complicating the Comparative
Taxonomy
Enforcing contracts World Bank
China's Labour Market Performance IMF-Tao
and Challenges
401 Byomesh The Doing Business Indicators: Berg-Cazes
Mishra Measurement issues and political
implications
Why are There Tax Havens? Rosenzweig
Fairness Obligations for Government Verma
Contracts in India
402 Conrad Effect of Ease of Doing Business to Ani
Fernandis Economic: Growth among Selected
Countries in Asia
Do firms want to borrow more? Bannerjee-Duflo
Testing credit constraints using a
directed lending program
Uncertainty and Risk in Global Lessard
Supply Chains
403 Deepesh The Impact of the Business Klapper-Lewin-Delgado
Deshmukh Environment on the Business
Creation Process
Financing Start-ups and SMEs In Kochupillai
India - Venture Capital Funds and
Bank Finance
Foreign Investment and Dispute Bath-Nottage
Resolution Law and Practice in Asia:
An Overview
Sr Name Research Paper Title Hyperlink
404 Riya Kadam Expropriation of minority Qian-Pan-Yeung
shareholders in politically connected
firms
Economic Globalization and the Rise Backer
of Efficient Systems of Global Private
Law-making: Wal-Mart as Global
Legislator
A Critical Analysis of the Provisions Hazarika
of Indian Companies Act Governing
Creditors Protection during
Corporate Insolvency
405 Vijay Kanaujiya Protecting Minority Shareholders: Loderer-Waelchli
Listed versus Unlisted Firms
Legal Safeguards of ‘Government Samanta
Contracts’ In India: A Critique
Child Labour: A Review Grootaert-Kanbur
501 Ashutoshkumar The International Tax Regime and Baistroocchhi
Prasad the BRIC World: Elements for a
Theory
Taxing Global Digital Commerce Cockfield-Hellerstein-
Millar-Waerzeggers
Building Blocks of E-Governance: Sabharwal-Lamba
Strengthening the Democratic
System
502 Gautam The Ease of Doing Business Rank: An Moorthy-Jason
Boundriya Assessment of its Macroeconomic
Relevance
Microfinance Funders Profiles: A Gonzalez
Short Guide for Young and Small
Institutions Still Looking for a Match
Global Value Chain and Trade Karim
Facilitation: The Case of Bangladesh
Apparel Industry
503 Harshal Shinde Women Owning Small Firms in India: Nikaido-Pais
Analysing Social and Cultural
Diversity
How do Banks Screen Innovative Brown-Degryse-Höwer-
Firms? Evidence from Start-up Panel Penas
Data
Improvements in the World Bank’s Jayasuriya
Ease of Doing Business Rankings Do
They Translate into Greater Foreign
Direct Investment Inflows?
504 Rutuja Nemade The Legal and Institutional Black
Preconditions for Strong Securities
Markets
FDI in India's Retail Trade: Few Dey
Missing Issues in the Current Debate
The Value of Insolvency Safe Paech
Harbours
Sr Name Research Paper Title Hyperlink
505 Siddhi Bamne Is the Independent Director Model Karmel
Broken?
Should the Setting Aside of Aatreya
International Commercial Arbitral
Awards be Abolished in India?
The (Changing?) Idea of Labour Law Davidov
601 Aditya Krishnan Ease of Doing Business in India: Gaur-Padiya
Challenges & Road Ahead
The Right Tax at the Right Time Klienbard
Promoting Transparency and Panda-Sahu-Gupta
Efficiency in Public Procurement: E-
Procurement Initiatives by
Government of India
602 Dhawal The Effect of Ease of Doing Business Canare
Rawariya on Firm Creation
Efficiency Analysis of Microfinance Hassan-Sanchez
Institutions in Developing Countries:
Impact of privatization on Indian
banking sector
Administrative Barriers to Foreign Morisset-Neso
Investment in Developing Countries
603 Jaivek Shah Funding of innovative start-ups in Sharma
India
Impact of privatization on Indian Keshava
banking sector
Ease of Doing Business and Its Hossain-Hassan-Shafiq-
Impact on Inward FDI Basit
604 Shivam Shelke Intra-corporate dispute arbitration Lee
and minority shareholder
protection: A corporate governance
perspective
The Law and Legality of Smart Raskin
Contracts
Corporate Insolvency Law and Pandya
Corporate Rescue In India
605 Vijeta D'Silva Legal Environment, Firm-level Krishnamurti-Sevic
Corporate Governance and
Expropriation of Minority
Shareholders in Asia
Security versus Bank Finance: The Modigliani-Perotti
Importance of a Proper Enforcement
of Legal Rules
Does Monitoring Improve Labour Locke-Qin-Brause
Standards? Lessons from Nike
Sr Name Research Paper Title Hyperlink
701 Ankita Joshi The Ease of Doing Business Rank: An Moorthy
Assessment of its Macroeconomic
Relevance
The Impact of GST on India’s Foreign Nisa
Trade
Embedding the 'Make in India' Verma
Vision within India's Public
Procurement Frameworks
702 Mansi Jain Direct Support to Private Firms: Batra-Mahmood
Evidence on Effectiveness
The Credit Ratings Game Bolton-Freixas-Shapiro
Supply Chain Dynamics in Asia Banomyong
703 Monika The Effect of Business Regulations Stel-Storey-Thurik
Jambhale on Nascent and Young Business
Entrepreneurship
Rethinking the State's Role in Čihák-Demirgüç-Kunt
Finance
Global Supply Chains and Cross- Hertzel-Peng-Wu-Zhang
Border Financing
704 Saurabh When the Government Is the Kahan-Rock
Bajpayee Controlling Shareholder
Land Acquisition: Its Legal and Rajora
Constitutional Implications
Creditor Protection in the Corporate Bicker
Group
705 Shubhankar Minority Oppression & the Limited Moll
Ballal Liability Company: Learning (or Not)
from Close Corporation History
Indian Judiciary: From Activism to Jayasurya
Restraint
Precariats in India: Globalization and Nigam
Changing Employment Relations
706 Vishal Vaya Large Shareholders, Board Kim-Kitsabunnarat-
Independence, and Minority Chatjuthamard-
Shareholder Rights: Evidence from Nofsinger
Europe
Solvency Tests Heaton
The Trouble with Stock Options Hall-Murphy
801 Ashmeet Saluja Ease of Doing Business in India: A Singh-Jaiswal
Vision of Make in India
Double Tax Treaties: An Introduction AVi-Yonah
Public Distribution System of India Isahani
802 Pooja Shah Start-Up India, Stand-Up India: India Adhana
Turning into a Start-Up Hub by
Prospering Entrepreneurial Culture
Regulating Equity Crowdfunding in Majumdar-Varottil
India: Walking a Tightrope
Globalization and its Positive Impact Das
on Indian Economy
Sr Name Research Paper Title Hyperlink
803 Rushikesh Mali What Determines Entrepreneurial Ayyagari-Demirguc-
Outcomes in Emerging Markets? The Kunt-Maksimovic
Role of Initial Conditions
Got Rejected? Real Effects of Not Berg
Getting a Loan
The Global Apparel Value Chain, Gereffi-Frederick
Trade, and the Crisis: Challenges and
Opportunities for Developing
Countries
804 Sagar Gupta Law and Economics of Shareholder Van Der Elst
Rights and Ownership Structures:
How Trivial are Shareholder Rights
for Shareholders?
Developing India as a Hub of Srinivasan
International Arbitration: A
Misplaced Dream?
Comparative Corporate Insolvency Eidenmuller
Law
805 Srishti Ladda The (Un?) Enforceability of Investor Majumdar
Rights in Indian Private Equity
Economic Attractiveness of the Law Marais
The Employment Contract Ayres-Schwab
901 Ashutosh The Power of Ranking: The Ease of Doshi-Kelly Simmons
Kumar Doing Business Indicator and Global
Regulatory Behavior
Tax Competition, Tax Arbitrage, and Avi-Yonah
the International Tax Regime
Public Procurement Reform for Ease Sen
in Doing Business
902 Bhawik Unicorns, Cheshire Cats, and the Kenney-Zysman
Makhwana New Dilemmas of Entrepreneurial
Finance?
Ease of Doing Business in Selected Jotwani
Major Indian States: Does Bank
Credit Lead to Productivity?
The New Wal-Mart Effect: The Role Vandenbergh
of Private Contracting in Global
Governance
903 Darshil Problems Faced by Entrepreneurs: A Raj
Punamiya Special Reference to Micro and
Small Entrepreneurs in Mumbai and
Pune
Management and Control of Non- Misra-Aspal
Performing Assets (NPA) in Indian
Public Sector Banks
Trade Policy, Trade Costs, and Hoekman-Nicita
Developing Country Trade
Sr Name Research Paper Title Hyperlink
904 Meet Patel Evolution and Effectiveness of Varottil
Independent Directors in Indian
Corporate Governance
We’ll See You in… Court! The Lack of Nyarko
Arbitration Clauses in International
Commercial Contracts
Insolvency Law in Emerging Markets Gurrea-Martínez
905 Shivam Rana Taking Shareholder Protection Baums-Scott
Seriously? Corporate Governance in
the United States and Germany
Consistency of Principle in Corporate Mokal
Insolvency
The Impact of Indian Job Guarantee Azam
Scheme on Labour Market
Outcomes: Evidence from a Natural
Experiment
906 Slok Sharma Expropriation of Minority Claessens-Djankov-Fan-
Shareholders: Evidence from East Lang
Asia
Bankruptcy Around the World: Claessens-Kalpper
Explanations of its Relative Use
Globalization and Workers in Rama
Developing Countries