Millions of people in developing countries have been given access to formal financial services through microfinance programmes. Nevertheless, millions of potential clients still remain unserved and the demand for financial services far exceeds the currently available supply. Given significant capital constraints, expansion of microfinance programs remains a formidable challenge facing the microfinance industry. Moreover, it is observed that microfinance organizations have had various degrees of sustainability. One such sustainability is the financial sustainability. Financial sustainability has been defined by various researchers differently. As such, there is no clear-cut definition of the word financial sustainability. The MIX Market and various other agencies like ACCION, Women's World Banking etc. define the term financial sustainability, but this term has not been defined lucidly. Therefore, this paper attempts to propose a more comprehensive and representative model for financial sustainability. This model of financial sustainability gives due weightage to some of the critical financial indicators like Portfolio at Risk, Loan loss, Borrowers per Credit Officers etc.

Profitability has always been considered as a primary indicator of dividend payout by a company. Factors other than profitability namely cash flows, debt equity ratio, retained earnings, sales growth, share prices of a company, capital expenditure and beta etc. al. 'io affect dividend decisions of an organization. Existing literature suggests that dividend payout is positively related to profits, cash flows while Capex, retained earnings, sales growth, share prices, beta, interest paid and debt equity ratio have inverse relationship. In the present study a set of 22 key variables that affect the dividend payout of a firm have been identified. In the past, researchers have used several proxies to represent these determinants. Authors have tried to find out which proxy variable is most relevant in the present scenario. This paper attempts to give a focused overview of the important dividend theories and empirically analyze the determinants of dividend behavior of Indian Services sector. The relationship between key variables has been explored with the aid of statistical techniques of Factor analysis. Thus, the main theme of this study is to examine the various factors that influence the dividend policy decisions of firms in Services sector in India.

The study is an attempt to validate Linter dividend policy model in Indian Information Technology sector. More importantly, it establishes a relationship between PAT and equity dividend with the aid of multiple regression analysis. The basic objective of the study is to identify the primary determinant of dividend policy in Indian Information Technology industry. Thus, this paper investigates whether IT firms strive for stability and regularity of dividends and tend to arrive at a target payout ratio or not. An effort has been made to find the applicability of dividend signaling and smoothing approaches in IT sector by empirically testing the Linter model through our study. The findings suggest that current year profits is the major determinant of dividend decision in IT sector. The dividend payout of IT companies fluctuates with the earnings.

The paper attempts to discuss the new and upcoming concept of de-globalization in the context of the latest issue making waves on the international circuit, that is, Brexit-the exit of Britain from the European Union (EU) through a referendum held on 23rd June 2016. The paper first builds upon the historical context of the term ‘globalisation’, its genesis and history and throws light on the economic, political and cultural connotations of the term. It then moves on to discuss and define the upcoming and pertinent issues, which have surfaced to the forefront of the developed economies like ‘Corporate capitalism’, ‘Neoliberalism’, ‘Alter or Anti-globalisation’, and now finally ‘de-globalisation’. By connecting these dots together, the paper attempts to bring about the impact of Brexit on Britain, the EU, and world economy at large by specifically bringing out arguments in favour and against the Brexit proposal. The paper further delves down to discuss, underline, and elaborate on the lessons, which the South Asian Association for Regional Cooperation nations, especially India, can learn from this policy of de-globalization being adopted by the British economy.