Voluntary Disclosure, Cost of Capital and Performance of Indian Commercial Banks (Record no. 134764)

MARC details
000 -LEADER
fixed length control field 02548nas a2200229Ia 4500
008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION
fixed length control field 250101c99999999xx |||||||||||| ||und||
022 ## - INTERNATIONAL STANDARD SERIAL NUMBER
International Standard Serial Number 0972-2629
100 ## - MAIN ENTRY--PERSONAL NAME
Personal name Mahajan, Poonam
9 (RLIN) 124420
245 #0 - TITLE STATEMENT
Title Voluntary Disclosure, Cost of Capital and Performance of Indian Commercial Banks
260 ## - PUBLICATION, DISTRIBUTION, ETC.
Name of publisher, distributor, etc. Vision
260 ## - PUBLICATION, DISTRIBUTION, ETC.
Date of publication, distribution, etc. 2024
300 ## - PHYSICAL DESCRIPTION
Extent 659-670
520 ## - SUMMARY, ETC.
Abstract The relationship between voluntary disclosure, cost of capital and performance of the Indian banks has been examined in this study. The sample of 32 Indian commercial banks has been taken to study this relationship for the observation period of 2013-2014 to 2017-2018. The voluntary disclosure score is calculated by framing an index of 121 items of voluntary information published in the annual reports of Indian banks. The results of panel regression analysis show that there is no significant relationship between voluntary disclosure and cost of capital. Further the results of study also reveal that bank performance does not mediate the relationship between voluntary and cost of capital in case of Indian banking sector, as the results of the interaction term of voluntary disclosure and performance are found to be insignificant. The findings suggest that that voluntary information disclosed in the annual reports of banks is not up to par to guide investors in their investment decisions and to understand the risks. Therefore, it does not influence the cost of capital. This article contributes to the existing literature by exhibiting that benefits of lower cost of capital associated with voluntary disclosure do not hold true for all industries. Additionally, the relationship between voluntary disclosure and performance of the banks is found to be significantly positive in this study. This research will add to the existing literature as no prior study has studied the simultaneous relationship between voluntary disclosure, cost of capital and performance in the context of a developing country. In particular, this study is the first to analyse the simultaneous relationship between voluntary disclosure, cost of capital and performance of banking industry in the context of a developing country by taking the sample from Indian banks.
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name entry element Annual Reports
9 (RLIN) 124421
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name entry element Cost of Capital
9 (RLIN) 124422
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name entry element Determinants
9 (RLIN) 33184
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name entry element Indian Banks
9 (RLIN) 11463
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name entry element Performance
9 (RLIN) 37888
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name entry element Voluntary Disclosure
9 (RLIN) 124423
700 ## - ADDED ENTRY--PERSONAL NAME
Personal name Singh, Gurbinder
9 (RLIN) 124424
856 ## - ELECTRONIC LOCATION AND ACCESS
Uniform Resource Identifier <a href="https://doi.org/10.1177/09722629221081910">https://doi.org/10.1177/09722629221081910</a>
999 ## - SYSTEM CONTROL NUMBERS (KOHA)
Koha biblionumber 134764
Holdings
Withdrawn status Lost status Damaged status Not for loan Home library Current library Date acquired Serial Enumeration / chronology Total Checkouts Barcode Date last seen Price effective from Koha item type
        Dr VKRV Rao Library Dr VKRV Rao Library 01/01/2025 Vol. 28, No. 5   AI1011 01/01/2025 01/01/2025 Article Index