Sr.

No

TITLE

AUTHER

OBJECTIVE

METHODOLOGY

FINDINGS

1.

Corporate Governance in India: Disciplining the Dominant Shareholder

Jayanth Rama Varma

To understand the problem of corporate governance abuses by the dominant Shareholder and how it can be solved by two such forces - the regulator and the capital market.

2.

FIRMLEVEL CORPORAT E GOVERNAN CE IN EMERGING MARKETS: A CASE STUDY OF INDIA

3.

4.

Corporate governance and law-role of independent directors: theory and practice in India Corporate Governance in an Emerging Market What does the Market Trust?

N. Balasubrama nian, Indian Institute of Management, Bangalore Bernard S. Black, University of Texas at Austin Vikramadity a Khanna, University of Michigan Iti Bose

Rajesh Chakrabarti and Subrata Sarkar Indira Gandhi

5.

CAN CORPORAT E GOVERNAN CE REFORMS INCREASE FIRMS MARKET VALUES: EVIDENCE FROM INDIA

Bernard S. Black, University of Texas Vikramaditya S. Khanna, University of Michigan

6. 7. 8. .

9.

Economic Impact of Regulation on Corporate Governance: Evidence from India

Asish K Bhattachar y and Sadhalaxmi Vivek Rao

To examines the economic impact of the Regulation on the stock market variables

Event study method is used in this research. Event studies provide an ideal tool for examining the information content of disclosures (MacKinlay, 1997). Apart from detecting the impact of disclosure, the method is widely used to find the impact of certain firmspecific events on

Significant reduction in the beta which indicates that the market risk of these securities has reduced thereby reducing the expected returns and consequently the expected cost of capital of such companies. From beta results, we find that the Regulation has been effective in providing more and timely information to the investors, who in turn could use the information to determine the appropriate risks of the stocks; thereby

the stock prices. The quasiexperimental study is also used in the research. The quasiexperimental study helps to identify the impact of the regulation on the experimental group of companies and hence will enable to segregate the impact of other macro-economic variables on the companies. Regression methodology. 10. Status of Corporate Governance Research on India: An Exploratory Study Padmini Srinivasan To understand the nature of global research on corporate governance in top tiered international journals and how it reflects the growing interest in India. To study the research published in the top journals in India reflect the differences vis-avis the global Qualitative research is done by the author with the use of online database. (EBSCO integrated search engine was used and several databases of the publishers like Science Direct, Online Wiley, Elsevier and Sage Publications were also reviewed)

maximizing the shareholders wealth.

The number of papers on corporate governance on India published in international journals is increasing each year which reflects the increased attention and emphasis that India is receiving in a globalized world.(Papers Increase from 2 in 2000 to 19 in 2010) The top five themes that emerge in the international journals on corporate governance in India are on performance are corporate social responsibility, governance origins and models, disclosure, regulatory mechanisms and reforms.

11

An Analysis of Corporate Performance and Governance in India: Study of Some selected Industries

Diganta Mukherjee and Tejamoy Ghosh

discourse on corporate governance. To analyses the efficacy of corporate governance by using balance sheet information of 4 selected sectors of the Indian industry. To focus on financial decisions taken by a firm (i.e. managers) and its impact on performance.

Statistical technique such as the ordinary least squares regression model and the correlation coefficients and empirical analysis like Hypotheses testing. They have used the Prowess (CMIE) database for information

Electrical Machinery

Capital employed is seen to be conducive to profitability of the firms in aggregate for this sector. Both long and short-term debt has significantly negative coefficients for most of the years (5 out of 6 for both, see table) in regression. This result is alarming in the sense that issue of more debt is apparently damaging for a firm from the point of view of profitability. Most of the sectors, the R&D and import decisions are taken very nonoptimally.

12.