This study analyzes the relation between board network and financial stability of banks in India. We find that a larger board network is related to improvements in financial stability given by asset quality, insolvency risk, and volatility of profits. Further, the board network is more critical...

The Department of Public Enterprises had made submissions of Self Evaluation Reports, for the purpose of corporate governance, mandatory for all central government owned enterprises. Despite this, an alarming 40% of the enterprises did not do so. This study examines the impact of external policy...

This article examines the characteristics and performance of active and smart beta equity exchange traded funds (ETFs) listed in the United States since 2000. Using a sample of 95 active equity ETFs and 376 smart beta equity ETFs, the author found that as of October 30, 2020, only 20% of active...

The paper examines the effect of Environment, Social & Governance (ESG) on bonds that are rated investment grade at issue and subsequently downgraded to high yields (fallen angels). FA are characterized by price pressure, higher yields, lower coupons, weaker covenants, higher probability of...

The article examines the factor return attribution of active managers with exposure to Environment, Social and Governance (ESG). The analyses have been done using CAPM, Fama- French three factors, Fama-French-Carhart four factors, Fama-French five factors and Fama- French-Carhart six factors...

This paper examines information content of Environment, Social and Governance (ESG) from factor exposure perspective. We use integration approach of ESG in portfolio construction by using four broader MSCI USA ESG indices. The analysis has been using risk-return, CAPM, Fama-French three factors,...

This paper examines the effect of macroeconomic shock on analysts' estimates of quarterly earnings per share (EPS). In particular, we investigate the effect of demonetization announcement on Indian corporate sector in terms of analysts' estimates of EPS. The study is set as a natural experiment...

We examine the disclosure level in remuneration package of Executive Directors (EDs), by taking a case study of Tata Motors Limited, India's largest automobile company, on three occasions and the effect of shareholder activism on the disclosure level of the same. The first one is the proposal of...

This paper examines whether the Big-Four audit firms charge higher auditor fees as compared to other audit firms in the emerging economy, using India as a case. The paper also investigates whether there is distinction between the Big-Four audit firms. The results in the paper are established...

This paper examines the effect of level of corporate governance measured in terms of the board of directors' and the audit committee's characteristics on auditor fees in the Indian corporate sector. In particular, we examine the effect of the board of directors' and the audit committee's...