01
Original Article
Open Access
The Determinants of Firms' Characteristics on the Audit and Non-Audit Premium : An Analysis of Firms Listed in the Malaysia Stock Exchange
Prem Lal Joshi, Anbalagan Krishnan, Nik Mohamad Zaki Nik Salleh
· pp. 7–22
DOI: 10.17010/ijf/2017/v11i4/112627
A number of studies have concentrated in exploring the audit service provided by audit firms, and the related fee charged. Factors such as an audit firm's brand and its reputation and the skills and experience of auditors' are some of …
Keywords:
Audit Fee, Non Audit Fee, Agency Theory and Corporate Governance of Client Characteristics M410, M420, M490
02
Original Article
Open Access
Do Social and Environmental Disclosures Increase Firm Value ? Evidence from Indian Companies
B. Charumathi, Latha Ramesh
· pp. 23–38
DOI: 10.17010/ijf/2017/v11i4/112628
There is a clear shift in the way the companies report their performance through the communications with their stakeholders. Moving from mere profit, the companies are increasingly showing their non-financial performance in terms of sustainability and social responsibility. Companies not …
Keywords:
Sustainability Reporting, Business Responsibility Reporting, Social and Environmental Disclosures, BSE 100 Index, Tobin Q, Panel Data Regression
03
Original Article
Open Access
Semi-Monthly and Turn-of-the-Month Seasonality in Stock Returns : Evidence from Emerging Markets
Deepa Mangala, Vandana Lohia
· pp. 39–52
DOI: 10.17010/ijf/2017/v11i4/112629
Behaviour of stock prices has often challenged the established theories and models of financial literature. Monthly effect is also termed as semi-monthly effect and turn-of-the-month effect are among such anomalies which have been documented in stock markets across the world. …
Keywords:
Market Efficiency, Calendar Anomaly, Semi-Monthly Effect, Turn-of-the-Month Effect, Emerging Markets
04
Original Article
Open Access
Do Acquirers Gain Real Wealth? : A Long Term Study in India
Ketan C. Limaye, Achut P. Pednekar
· pp. 53–75
DOI: 10.17010/ijf/2017/v11i4/112631
The present paper analyzed long term performance of M&A; deals in India in terms of growth in shareholder value of acquirers in real terms and compared it with growth in nominal terms. It tried to understand whether M&A; deals contribute …
Keywords:
Mergers, Acquisitions, Bhar, Inflation, Real Returns, Real Wealth, India, Event Study, Acquirer's Returns, Acquirer's Wealth, Shareholder Wealth
