The purpose of this study is to explore the relationship between board committees as a special yet largely under-researched component of board structures, and financial performance of select Indian commercial banks. The study has been conducted on 36 banks operational in India in the time period of ten years (2007-2016) through an unbalanced panel employing Read More …
AbstractUsing data from U.S. corporate tax returns, which provide a sample representative of the universe of U.S. corporations, we investigate the differential investment propensities of public and private firms. Re-weighting the data to generate observationally comparable sets of public and private firms, we find robust evidence that public firms invest more overall, particularly in R&D. Read More …
Abstract Financial organizations are extremely critical for a stable economy. Through efficient mobilization and allocation of funds, they lower the cost of capital to firms, boost capital formation, and stimulate productivity growth. The credit crisis revealed the fragility of corporate governance and management within several reputed financial organizations. We discuss the cases of corporate failures Read More …
