This study examines the value relevance of consolidated financial statements and cash flow statements in the Indian Stock market. In the recent years several new disclosures have been mandated in India including the cash flow statement and the preparation of consolidated financial statements....

This paper examines the impact of changes in aggregate market liquidity on stocks in which derivative trading is allowed. Though the liquidity of the market declines after the introduction of derivative trading, the impact of changes in market liquidity on stocks is critical in asset pricing. We...

By evaluating the performance of 772 funds, this study seeks to examine whether fund managers add any value by their fund allocation decision. After selecting the securities for investment, fund managers need to decide as to how much to be invested in the selected securities. They can actively...

This paper examines the status of corporate governance research on Indian in the Indian and International journals between the period 2000-2010. The paper attempts to understand the nature of global research on corporate governance in top tiered international journals reflects the growing...

The last two decades have witnessed unprecedented excesses by businesses across the world. The largest corporate frauds have raised questions on the limits of responsibility of business. The recent financial crisis has brought into question the managerial greed and the manner in which incentive...