Santanu Kumar Ghosh

INTELLECTUAL CAPITAL AND FINANCIAL PERFORMANCE OF INDIAN BANKS

Purpose – The purpose of this study is to investigate empirically the relationship between intellectual capital and financial performance of 65 Indian banks for a period of ten years from 1999 to 2008.Design/methodology/approach – Reserve Bank of Indias database and Annual reports, especially the profit and loss accounts and balance sheets of the banks for the relevant years have been used to obtain the data. Value added intellectual coefficient (VAIC™) method is applied for measuring the value based performance of banks. Return on assets (ROA) and return on equity (ROE) are used to measure the profitability and productivity of Indian banks, measured by assets turnover ratio (ATO). The intellectual capital (human capital and structural capital) and physical capital of selected banks have been analyzed and their impact on corporate performance has been measured using multiple regression technique.Findings – The analysis indicates that the relationships between the performance of a banks intellectual capi...

Determinants of Corporate Environmental Disclosure from an Asian Perspective

The present study attempts to address the inconclusive outcomes of the existing literature on the determinants of corporate environmental disclosure. It reports that country level factors like national cultural dimensions, political rights, civil liberties, freedom of expression and the prevailing legal system can explain the corporate environmental disclosure decisions in that particular country. Existing studies on the determinants of corporate environmental disclosure mostly focus on accounting based and stock market based variables at the firm level and report fairly inconclusive outcomes. Literature on the determinants of corporate environmental disclosure using country level variables is limited but more consistent. The country level cultural, political and legal phenomena have good potential for extensive research in explaining corporate governance and corporate social responsibility issues.