Subrata Sarkar

TL;DR: In this paper, the authors provided evidence on the role of large shareholders in monitoring company value with respect to a developing and emerging economy, India, whose corporate governance system is a hybrid of the outsider-dominated market based systems of the UK and the US, and the insider-dominated bank-based systems of Germany and Japan.

TL;DR: In this paper, the authors examined the impact of board characteristics on opportunistic earnings management in India, a large emerging economy, using a sample of 500 large companies over a two-year period, and found that diligent boards are associated with lower earnings management while boards that have directors with multiple appointments exhibit higher earnings management.

TL;DR: In this article, the authors analyzed the relationship between deregulation and total factor productivity (TFP) growth in the Indian banking industry using a generalized shadow cost function approach and found that a significant decline in regulatory distortions and the anticipated increase in TFP growth have not yet materialized following deregulation.

TL;DR: In this paper, the authors extend the existing literature on multiple directorships in two ways; first, by providing additional evidence on its effect on firm performance, but with respect to an emerging economy, India, and secondly, by suggesting an alternative measure of directorial "busyness" that is more general in its applicability compared to those that have been applied in existing literature.

TL;DR: In this paper, a study of the Indian banking industry confirms the expectation that, in the absence of well-functioning capital markets, there may not be significant differences in the performance of private and public enterprises.