Please use this identifier to cite or link to this item: https://repository.iimb.ac.in/handle/2074/18430
DC FieldValueLanguage
dc.contributor.advisorSrinivasa, Padmini-
dc.contributor.authorVerma, Bhupesh
dc.contributor.authorShivananda, N
dc.date.accessioned2021-04-28T11:08:01Z-
dc.date.available2021-04-28T11:08:01Z-
dc.date.issued2011
dc.identifier.urihttps://repository.iimb.ac.in/handle/2074/18430-
dc.description.abstractThis report is an empirical study of the voluntary and few mandatory disclosure made by the Indian companies for a period of 3 years (FY 2008- FY 2010). As per the clause 49 of the listing agreement the companies needs to disclose the information divided as mandatory and non mandatory disclosure. The Indian companies considered for the study were 30 index making companies for the current period. A total of 52 items was selected under 10 broad categories. The scope of disclosure study was limited to the annual reports of the respective companies. Based on the information available in the balance sheet the score has been calculated for each item. The summation of all the scores was converted in company score index. Betas for all the companies have been calculated for a period of 3 years. This is further used to calculate cost of equity capital. The findings indicate that the cost of equity capital is significantly affected by created company score index, PAT/Sales, book value and market capitalization. This study also throws some light on the matter of voluntary disclosure in the Indian companies.
dc.publisherIndian Institute of Management Bangalore
dc.relation.ispartofseriesPGP_CCS_P11_291
dc.subjectCapital market
dc.subjectEquity market
dc.subjectEquity capital
dc.subjectMandatory disclosure
dc.titleTransparency and the cost of equity capital : A study of Indian companies
dc.typeCCS Project Report-PGP
dc.pages24p.
dc.identifier.accessionE36741
Appears in Collections:2011
Files in This Item:
File SizeFormat 
PGP_CCS_P11_291_E36741_FC.pdf1.2 MBAdobe PDFView/Open    Request a copy
Show simple item record

Google ScholarTM

Check


Items in DSpace are protected by copyright, with all rights reserved, unless otherwise indicated.