The purpose of this study is to test whether CSR engagement provides insurance like effect even after the firm has faced an integrity questioning event. The impact of this integrity based negative event is measured as the media sentiment while reporting the event. Accordingly, we test whether...

Prior research examining the impact of corporate social responsibility (CSR) on stakeholders has largely focused on studying the insurance like effect of CSR outlays and the resulting effect on stock returns, thereby emphasizing the implications for shareholders. Our study examines the following...

Despite more than a decade of reforms, Indian stock markets have not been able to mobilize and allocate capital effectively. While Indian corporate sector depends predominantly on debt to raise finance, the Indian household depends primarily on banks to invest its savings. A possible explanation...

Strategic Flexibility and Competitiveness -- Adapt: A Critical Pillar of Strategy Execution Process -- Flexibility and Sustainability of Mentorship Model for Entrepreneurship Development: An Exploratory Study -- Strategic Flexibility, Information System Flexibility and Enterprise Performance...

We investigate the impact of introduction of personal liability on the market for independent directors (IDs), particularly the acceptance of directorship offers by candidate IDs. Using a game theoretic framework and constructing games involving different information regimes, types of insiders...

In India, ownership of most listed firms is concentrated in the hands of a group or family of promoters. Indian regulators have adopted the Anglo-American governance recipe of firm monitoring through Independent Directors (IDs) to ensure the protection of minority interest. The efficacy of this...