Economic Consequence of Corporate Risk Disclosures | Do risk disclosures affect cost of equity? A content analysis of risk disclosures in Indian annual reports

Dhanya Alex (u. a.)

ISBN 10: 3639769104 / ISBN 13: 9783639769104

Published by Scholars' Press, 2015

About this Item

Economic Consequence of Corporate Risk Disclosures | Do risk disclosures affect cost of equity? A content analysis of risk disclosures in Indian annual reports | Dhanya Alex (u. a.) | Taschenbuch | 196 S. | Englisch | 2015 | Scholars' Press | EAN 9783639769104 | Verantwortliche Person für die EU: preigu GmbH & Co. KG, Lengericher Landstr. 19, 49078 Osnabrück, mail[at]preigu[dot]de | Anbieter: preigu.

Seller Inventory # 104217498

Bibliographic Details

• Title: Economic Consequence of Corporate Risk Disclosures | Do risk disclosures affect cost of equity? A content analysis of risk disclosures in Indian annual reports
• Publisher: Scholars' Press
• Publication Date: 2015
• Language: English
• ISBN 10: 3639769104
• ISBN 13: 9783639769104
• Binding: Taschenbuch
• Condition: Neu
• Dimensions: 220W x 150H x 13D millimeters 220 millimeters width by 150 millimeters height by 13 millimeters depth
• Weight: 310 grams
• Seller catalogs:
  • Bücher

About this title

Synopsis

Information symmetry is extremely important for the efficient functioning of capital markets. Changing business environment, more complex business structures, increasing dependence on financial instruments, international exposures and many other factors have forced regulatory bodies and corporates to consider the prevailing disclosure practices more seriously. Recent corporate failures have proved that companies adopt window dressing practices and there are wide variations in the disclosure practices followed by companies. This book complies the literature on corporate risk disclosure and extends this further by undertaking an empirical investigation into the corporate risk disclosure practices of Indian companies and the economic benefits of risk disclosures. The content analysis of annual reports of the nonfinancial Indian companies was done to understand the recent trends and practices in risk reporting. It is found that the companies with higher level of risk disclosures enjoy economic benefits in the form of reduced cost of equity.

About the Author

Currently working as Associate Professor in FISAT Business School, Kochi, Dr. Dhanya Alex was awarded PhD for his work titled “Corporate Risk Disclosures and Its Impact on Cost of Equity”. Dr. K.B.Pavithran is the former Professor & Director, School of Management Studies, Cochin University of Science and Technology