Audit committees have received considerable attention globally in recent years. We examine the effects of the Satyam failure on changes in the composition and functioning of Indian audit committees. A corporate collapse that shook India's markets and regulators, and widely noted of as “India's...

Purpose: This study aims to examine the resignations of Indian audit committee directors after a systemic shock (failure of Satyam Computer Services Ltd.). Design/methodology/approach: The authors develop the research questions based on interviews with company directors and audit partners, in...

This paper identifies a number of serious deficiencies in the current constitutional arrangements as well as processes for setting accounting standards in India.The author examines the recent move by the Institute of Chartered Accountants of India to enforce some accounting standards. This is an...

This paper investigates the association between political connections and earnings quality in Indian companies. Recent corporate scandals (e.g., 2G mobile phone licences, coal block allocations, iron ore and granite mining licences) have underlined the political connectedness of Indian business...