Role of Preference Shares in the Indian Corporate Sector

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Review of Management

Y Subrahmanyam

Vol. 12, Issue No. 48, 26 Nov, 1977

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Review of Management

Y Subrahmanyam

Vol. 12, Issue No. 48, 26 Nov, 1977

Role of Preference Shares in the Indian Corporate Sector

Vol. 12, Issue No. 48, 26 Nov, 1977

Review of Management

Y Subrahmanyam

This paper discusses, against the background of the nature and limitations of preference shares, the reasons why the role of preference shares as a source of long-term capital has been relatively insignificant in recent years, and tries to examine whether the same factors will limit their use in future.

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