When the financial performance of nonprofit organizations is poor — more specifically, the ratio of reported program expense to total expense is low, managers of these organizations are found to misreport expenses in order to boost the ratio. This study examines whether three factors — the...

This paper discusses evolution of public sector corporate governance reforms and provides legal and institutional framework for corporate governance practices in Indian public sector. Corporate governance and disclosure practices of private sector and public sector firms listed in S&P BSE...