Determinants of Wilful default in emerging economies: Evidence from India (Record no. 529571)
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| 000 -LEADER | |
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| fixed length control field | 01310nam a22001337a 4500 |
| 008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION | |
| fixed length control field | 250428b ||||| |||| 00| 0 eng d |
| 100 ## - MAIN ENTRY--PERSONAL NAME | |
| Personal name | Krishnakumar, Dipali and Sethi, Madhvi |
| 245 ## - TITLE STATEMENT | |
| Title | Determinants of Wilful default in emerging economies: Evidence from India |
| 260 ## - PUBLICATION, DISTRIBUTION, ETC. (IMPRINT) | |
| Place of publication, distribution, etc | Economic & Political Weekly |
| 300 ## - PHYSICAL DESCRIPTION | |
| Extent | 60(6), Feb 8, 2025: p.43-49 |
| 520 ## - SUMMARY, ETC. | |
| Summary, etc | Are wilful defaulters different from non-defaulter firms in terms of financial and governance characteristics? Do these characteristics impact the probability of wilful default? The role of related party transactions for wilful defaulters is examined. Logistic regression model results indicate that wilfully defaulting firms are likely to be financially constrained as they have lower cash flows from operations, lower interest coverage, and higher leverage compared to non-defaulter firms from the same industry. However, these firms are more likely to have manipulated their earnings and have a higher proportion of related party expenses. Governance plays an important role as wilful defaulting firms have lower shareholding by promoters and smaller boards.- Reproduced https://www.epw.in/journal/special-articles/determinants-wilful-default-emerging-economies.html |
| 773 ## - HOST ITEM ENTRY | |
| Main entry heading | Economic & Political Weekly |
| 942 ## - ADDED ENTRY ELEMENTS (KOHA) | |
| Item type | Articles |
| Withdrawn status | Lost status | Source of classification or shelving scheme | Damaged status | Not for loan | Permanent location | Current location | Date acquired | Serial Enumeration / chronology | Barcode | Date last seen | Koha item type |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Indian Institute of Public Administration | Indian Institute of Public Administration | 2025-04-28 | 60(6), Feb 8, 2025: p.43-49 | AR135478 | 2025-04-28 | Articles |