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Advances in Research in Business and Finance, 2005: Corporate Governance, Financial Reporting and Corporate Disclosure Practice (Volume 4)

 
Hilda Amalraj (Author) Chandra Sekhar Mishra (Author)
Synopsis In the new era of globalization, the corporates that exhibit good governance backed by transparency are expected to attract the various stakeholders including investors. No more the companies are compared within the boundaries of the nation but across the globe. This volume of conference proceedings has papers that address the issues related to corporate governance with empirical support based on both primary and secondary data. Although in India, corporate governance is at its nascent stage, the works presented in this volume compare the governance practices of large Indian companies with global practices. The researchers cite that after recommendations of several committees, corporate governance practices of Indian companies have improved a lot, although there is scope for continuous improvement. The concept of an independent director has been appreciated by Indian companies. This is a very good sign in the direction of good governance. Studies throw light on the impact of related or unrelated diversification by companies on the performance, which can have some policy implications for the companies in general. This volume has also papers related to financial reporting and corporate disclosure practices. Sound reporting practices are considered to be stepping stones for good corporate governance. It is voluntary disclosure not necessarily a mandatory disclosure that matters a lot for stakeholders. The authors discuss emerging issues in disclosure practices like environmental reporting and also the impact of disclosure practices on the firm’s performance.
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About the authors

Hilda Amalraj

Hilda Amalraj is a faculty member at ICFAI Business School, Hyderabad and is a fellow member of The Institute of Chartered Accountants of India. She has been trained as an Information Systems Auditor and is well versed in Oracle Financials. She has corporate experience of five years in the capacity of Manager (Finance) with expertise in corporate finance, banking, credit appraisals, audit and taxation. She has been teaching at the ICFAI University for the past seven years in different professional programs of the institute which include CFA and MBA. She has conducted several Oracle Financial programs for professionals from the industry where she taught Financial Accounting, Management Accounting, Auditing, Information Systems Audit, Taxation, Enterprise Solutions and Oracle Financials.

Chandra Sekhar Mishra

Chandra Sekhar Mishra, a faculty member of ICFAI Business School, has done his Master of Commerce and Ph.D from Utkal University. Mishra has over ten years of research and teaching experience in the area of corporate finance. He was earlier associated with the Institute of Public Enterprise, Hyderabad, where he had exposure to the areas such as public sector restructuring and disinvestments. Apart from teaching, he is also actively involved in conducting management development programs for corporates. His areas of interest are business valuation, corporate finance and corporate disclosure practices. He is the Consulting Editor of the ICFAI Journal of Accounting Research (IJAR), a refereed journal published by the ICFAI University Press.

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Bibliographic information

Title Advances in Research in Business and Finance, 2005: Corporate Governance, Financial Reporting and Corporate Disclosure Practice (Volume 4)
Format Hardcover
Date published: 13.10.2006
Edition 1st ed.
Language: English
isbn 813140322X
length 248p.