The Influence of Transparency and Disclosure on the Valuation of Banks in India: The Moderating Effect of Environmental, Social, and Governance Variables, Shareholder Activism, and Market Power

Bhimavarapu, Venkata Mrudula; Rastogi, Shailesh; Abraham, Rebecca

doi:10.3390/jrfm15120612

Cited by 10 publications

(3 citation statements)

References 71 publications

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“…Despite the importance of human resources (Sarvaiya et al 2018), they belong to a lower hierarchical level. The proposals and policies formulated by HRM are subject to subsequent approval by top management (Bhimavarapu et al 2022).…”

Section: Discussionmentioning

confidence: 99%

Interplay between CSR and the Digitalisation of Bulgarian Financial Enterprises: HRM Approach and Pandemic Evidence

Zahariev,

Ivanova,

Zaharieva

et al. 2023

JRFM

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The study presents the economic, managerial, and societal perspectives on corporate social responsibility (CSR) as a basis for adding value to enterprises. It investigates the interplay between the digitalisation of activities and the management of Bulgarian financial enterprises, with a focus on HRM and CSR initiatives in a pandemic situation. The study tests the hypothesis that, in pandemic conditions, the CSR of Bulgarian financial enterprises is positively correlated with the digitalisation of general and human resource management. To assess the level of engagement of financial enterprises with CSR causes during the pandemic, the study employs a methodology comprising descriptive statistics and ordinal regression. The main conclusion, based on a nationally representative survey of Bulgarian financial enterprises, is that banks and insurers that heavily invest in digitalisation have demonstrated a higher level of commitment to CSR causes during the COVID-19 pandemic, while conservative and less digitally advanced financial enterprises have had limited CSR activity. By adopting fintech and insurtech solutions directed towards societal needs, market demands, and customer satisfaction, financial enterprises increase their efficiency. Our analysis confirms the interplay between the digitalisation of financial enterprises and support for CSR causes.

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Section: Discussionmentioning

confidence: 99%

Interplay between CSR and the Digitalisation of Bulgarian Financial Enterprises: HRM Approach and Pandemic Evidence

Zahariev,

Ivanova,

Zaharieva

et al. 2023

JRFM

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“…In addition, the Hausman test is determined to be perfectly significant at 0.05. It indicates that the fixed effect approach is also applicable to the study's model [136].…”

Section: Descriptive Statistics and Correlation Analysismentioning

confidence: 99%

Information Technology Governance and Corporate Boards’ Relationship with Companies’ Performance and Earnings Management: A Longitudinal Approach

Singh

Alhulail

2023

Sustainability

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In accordance with the segregation of oversight from management decision making, the board-level information technology governance is accountable for supervising managerial IT activities. This research empirically analyzes the impact of board-level IT governance on the performance and earnings management practices of Saudi Arabian stock exchange (Tadawul)-listed companies between 2008 and 2020. The study sample includes cross-sectional time-series data from 154 firms with 18,018 firm-year observations. This study used regression analysis and other econometric models to examine probable endogeneities. The findings show that only the return on assets’ operational performance is positively and significantly related to board-level IT governance among the three performance metrics (return on assets, return on equity, and Tobin’s Q). This indicates that a higher proportion of members with IT experience and the presence of a board-level IT professional as chief information officer/chief technology officer and an IT committee positively impact operational performance. Finally, board-level IT governance competence and other governance attributes do not deter earnings management practices. Therefore, countries like Saudi Arabia should enhance their corporate governance environment considering the increasing significance of IT governance (control, service, and monitoring). There is also a need to review provisions of the Saudi Arabia Corporate Governance Regulations, especially for board composition, the appointment of independent and IT-literate directors, and penalties for non-compliance with regulations.

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“…This volume then navigates to the banking industry of India, elucidating "The Influence of Transparency and Disclosure on the Valuation of Banks in India" (Bhimavarapu et al 2022), while highlighting the multifactorial impacts of ESG variables, shareholder activism, and market power. A shift in landscape and sector brings us to "Hedonic Models of Real Estate Prices: GAM and Environmental Factors" (Bailey et al 2022), a pivotal exploration in today's real-estate investment scenarios.…”

mentioning

confidence: 99%

Editorial on the Volume “ESG Investing and ESG Finance”

Rachev,

Lindquist

2023

JRFM

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The Influence of Transparency and Disclosure on the Valuation of Banks in India: The Moderating Effect of Environmental, Social, and Governance Variables, Shareholder Activism, and Market Power

Cited by 10 publications

References 71 publications

Interplay between CSR and the Digitalisation of Bulgarian Financial Enterprises: HRM Approach and Pandemic Evidence

Interplay between CSR and the Digitalisation of Bulgarian Financial Enterprises: HRM Approach and Pandemic Evidence

Information Technology Governance and Corporate Boards’ Relationship with Companies’ Performance and Earnings Management: A Longitudinal Approach

Editorial on the Volume “ESG Investing and ESG Finance”

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