The paper conducts a detailed examination of the existing evaluative frameworks for microfinance institutions to gauge the differences and similarities. Efficiency evaluates how MFIs are meeting the performance standards considering time and budget constraints. Outreach evaluates the...

Economic uncertainties impede the progress of a nation, whereas financial system stability fosters its growth. The paper analyses the impact of derivative portfolios on bank stability. The study uncovers evidences that Indian commercial banks reporting high total assets and high capital adequacy...

‘Time’ and ‘value’ are the huge assets used by banks in risk management. This paper investigates the time-varying impact on the value of banks’ asset-liability positions to the macroeconomic fluctuations in the bank risk factors, such as interest rate risk, credit risk, foreign...

The present study examines the link between diversification strategies and earnings management for firms operating in manufacturing sector. Diversification strategies include expansion across market (international diversification) and product segments (product diversification). The sample...

The analysis of debt and equity mutual fund flows identifies the presence of seasonality factors. The expected flows indicate stable investment interplay by mutual funds whereas the unexpected flows identify the presence of short-term volatility. The examination of whether positive feedback...

Quality of earnings as reflected by the lower absolute discretionary accruals in the accounting disclosures of firms identifies whether firms manage their earnings disclosure in order to meet market expectations. Literature evidence suggests that corporate governance initiatives of firms have...

Purpose – The purpose of this paper is to empirically examine the impact of earnings management on capital structure across firm diversification strategies. Design/methodology/approach – The study focuses on firms operating in the manufacturing sector (diversified and focused). Panel data...