This paper investigates how the financial and social efficiency of firms influence the extent of ... more This paper investigates how the financial and social efficiency of firms influence the extent of the voluntary disclosure of Non-Banking Financial Companies–Micro Financial Institutions (NBFC-MFI). The study constructed an unweighted index of voluntary disclosure to estimate the level of voluntary disclosure of all of the included firms from the years 2015–2019. The financial and social efficiency, which is analogous to the technical efficiency of production theory and analyses both sustainability and outreach, respectively, was estimated using data envelopment analysis (DEA). The panel data analysis was completed, and a positive association of financial efficiency was estimated. The social efficiency was found to have no relationship to the voluntary disclosure level. This paper contributed to the literature by providing new determinants of voluntary disclosure. The study examines the econometric model and suggests that financially sustainable firms that utilize these resources wel...
Mutual fund is becoming a very popular investment avenue among the financial professional as they... more Mutual fund is becoming a very popular investment avenue among the financial professional as they are having Knowledge about mutual fund but due to lack of time and also wants better return than fixed income securities that make their inclination towards mutual fund. They are preferring mutual fund as a better investment option due to several reasons as risk can be minimized, selecting the mutual funds by analyzing the past history, switching facility is there, can earn better return in minimum investment and also convenient to handle. But in spite of these facilities there are certain factors which make them not satisfied. This paper is going to study the satisfaction level of mutual fund investors working in financial institutions and how are they inferring the risk minimization through Mutual Fund (MF).
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Papers by Arpita Sharma