Purpose The purpose of this paper is to examine whether firm-level corporate governance measures and regulatory reforms constrain manipulation of operating cash flows, an important firm performance indicator. Design/methodology/approach The sample comprises firms from an emerging market, India,...

Researchers have come up with varied assertions with regard to the relationship between ownership structure and firm performance. Positive as well as negative relationships at differing levels of equity holdings by managers have been suggested by researchers leading to inconclusive results....

This paper attempts to analyze the relationship between Operational Risk Management (ORM), Size, and ownership of Indian Banks. This is important in the context of financial crisis experienced by developed countries due to lax regulation. ORM practices of Indian banks are proxied by excess...