Professional Documents
Culture Documents
AN EMPIRICAL ANALYSIS
A dissertation submitted to the University of Delhi
in partial fulfillment of the requirements
for the degree of
MASTER OF PHILOSOPHY
IN
COMMERCE
M.Phil Batch XXXIV
Accounting Area
BY
Pooja Dhingra
DEPARTMENT OF COMMERCE
UNIVERSITY OF DELHI DELHI
110007
INDIA
2014
DEPARTMENT OF COMMERCE
DELHI SCHOOL OF ECONOMICS
UNIVERSITY OF DELHI
DELHI-110007
DECLARATION
I
hereby
declare
that
the
dissertation
titled
Investment
development
Arushi Malhotra
(Candidate)
ii
ACKNOWLEDGEMENT
such
wonderful
her
several
pre-
Commerce,
Commerce
Faculty
and
of
Business,
Professor,
Department
of
Business
Economics,
South
Campus,
Delhi,
for teaching in
the
my
Prof.K.V.
gratitude
Bhanu
to
Murthy,
Department
of
Faculty
of
and
Business,
of
of
Commerce,
Delhi,
for
I am also thankful to the librarian, Ratan Tata Library and Shri Ram College of
Commerce for co-operating in procuring the necessary research materials.
I am grateful to my parents for their consistent support .last but not the least thanks to
the almighty God for helping me in moment of struggle.
Arushi
Malhotra
iv
TABLE OF CONTENTS
List of Tables
List of Figures and Graphs
List of Abbreviations
CHAPTER-1: INTRODUCTION
1.1
Introduction
1.2
1.3
Relevance of Study
1.4
Research Problem
1.5
Research questions
1.6
Research Objectives
1.7
1.8
Research methodology
1.9
2.2
Financial Reporting
2.3
2.5.2
Transition to IFRS
22
2.5.3
22
22
23
2.5.6 The new Companies Act 2013 and CSR spending, Woman
participation on Board
2.5.7 Towards Integrated Reporting
2.6 Limitations of Current Financial Reporting leading to Emergence of
Integrated Reporting
24
25
27
2.6.1
27
2.6.2
28
29
30
30
30
31
31
32
32
2.8.2
33
2.8.3
34
2.8.4
34
36-48
3.1
Introduction
36
3.2
36
3.3
37
vi
38
41
49-57
4.1
49
4.2
49
4.3
Definition
51
4.4
51
4.5
BENEFITS OF XBRL
55
4.6
Literature Review
56
58-73
5.1
Study Description
58
5.2
58
5.3
Study Outline
60
5.4
60
5.5
Assumptions
62
5.6
63
5.7
Population
64
5.8
Sample
65
5.9
66
66
67
68
69
vii
69
69
70
70
70
70
71
71
71
72
72
72
72
72
74-137
6.1
74
6.2
Item Generation
75
6.3
77
77
78
79
79
6.4
80
6.5
Reliability
82
6.6
82
viii
6.7
83
6.8
89
6.9
91
93
99
100
109
110
117
118
118
121
123
125
126
138-142
7.1
138
7.2
139
139
140
141
7.4
141
REFERENCES
AP PENDIX
ix
143-153
a-l
LIST OF TABLES
Table No.
Title
Index
4.5 Ease of doing business Index
of BRICS nations
4.6BRICS nations performance
in Innovation, technological
readiness, higher education &
training on a scale of 7
136
xii
Title
Page No.
19
26
36
53
54
60
76
88
97
105
112
113
116
xiv
LIST OF ABBREVIATIONS
IFDI
OFDI
GDP
NOIP
NOI
M&As
FDI
OECD
UNCTAD
DIPP
RBI
IMF
CAGR
Ownership
Location
Internalization
R&D
OFDIPI
DTAA
FEMA
FERA
IDP
TWMNC
LLL
OLI
SEZ
US
United States
WIR
xv
MNEs
EMEs
Multinational Enterprises
Emerging Market Economies
JVs
Joint ventures
WOS
IJVs
SAARC
PSUs
ADRs/GDRs
S&E
TNC
Transnational corporations
BRICS
UNESCO
IAMAI
NSF
IIT
NISTADS
CIS
IT
Information Technology
MNCs
AAGR
UK
OEMs
Multinational Corporations
Annual average growth rate
United Kingdom
Original Equipment Manufacturers
xvi