Purpose – Based on the agency theory, the purpose of this paper is to empirically investigate the impact of capital structure choice on firm performance in India as one of the emerging economies. Design/methodology/approach – Fixed effect panel regression model is used to analyse ten years...

Based on the models developed by Ohlson (1995 and 1999), the paper examines the persistency, forecasting and valuation relevance of earning components (accruals and cash flows) for a period of 10 years using NSE midcap 50 companies. The empirical research which uses panel data analysis (fixed...

Banks in India have been gone through structural changes in the last three decades. The prices that bank charge depend on the competitive levels in the banking sector and the risk the assets and liabilities carry in banks’ balance sheet. The traditional Lerner Index indicates competitive...