Understanding Corporate Risk [electronic resource] : A Study of Risk Measurement, Disclosure and Governance /
Shivaani, M. V.author.
Jain, P. K.author.
Yadav, Surendra S.author.
This book proposes three normative frameworks pertaining to risk-measurement, disclosure and governance using expert opinion and data from the top 429 non-financial companies (of the NIFTY 500 index) over a 10-year period. The book offers a novel contribution to the global literature on disclosure quality by presenting a composite measure of the quality as well as quantity of risk disclosures. Focusing on the quality of risk disclosures and risk governance structures, and using sophisticated methodology to tackle the issue of endogeneity, the book explores the important yet uncharted confluence of accounting information, risk and corporate governance. It addresses the interplay between three facets of risk, and is corroborated by practitioners' perspectives as well as case studies. It is an excellent resource for practitioners, professionals and policy-makers, in addition to researchers working on the topic. .
Corporate risk management: An introduction -- Research methodology -- Normative framework for risk index and its empirical analysis -- Normative framework for risk disclosure index and its empirical analysis -- Normative framework for risk governance index and its empirical analysis -- Examining risk- return relationship -- Moderating role of governance in risk-disclosure relationship -- Practitioners' perspective on risk -- Case studies -- Summary and concluding observations.
This book proposes three normative frameworks pertaining to risk-measurement, disclosure and governance using expert opinion and data from the top 429 non-financial companies (of the NIFTY 500 index) over a 10-year period. The book offers a novel contribution to the global literature on disclosure quality by presenting a composite measure of the quality as well as quantity of risk disclosures. Focusing on the quality of risk disclosures and risk governance structures, and using sophisticated methodology to tackle the issue of endogeneity, the book explores the important yet uncharted confluence of accounting information, risk and corporate governance. It addresses the interplay between three facets of risk, and is corroborated by practitioners' perspectives as well as case studies. It is an excellent resource for practitioners, professionals and policy-makers, in addition to researchers working on the topic. .
Corporations-Finance.
Corporate governance.
Bank marketing.
Capital market.
Corporate Finance.
Corporate Governance.
Financial Services.
Capital Markets.