This study investigates the relationship between leverage and earnings management for Indian companies. Both the classifications of earnings management, i.e., Accruals Earnings Management (AEM) and Real Earnings Management (REM), are used in the study. For measuring AEM, cross-sectional Jones model and modified Jones model are used in the study, whereas to cover REM, the study considers models such as abnormal cash flow from operations and abnormal production cost. Panel data regression models are applied for the period from 2007 to 2017 on a sample size of 278 companies listed on Bombay Stock Exchange of India, taking S&P BSE 500 index as a benchmark (excluding banks and financial institutions). The results show no significant evidence of the role of leverage in earnings management for Indian companies as coefficients of the regression models are insignificant. The reason for insignificant results could be the implementation of revised Clause 49 of the Listing Agreement by Securities and Exchange Board of India (SEBI) in 2004, which brings fairness and reliability to financial reports of Indian companies.

The purpose of this paper is to examine the potential board efficiency factors that may affect the quality of internet reporting of the Indian public sector companies. The paper applies content analysis on 81 listed public sector Indian companies to examine the information disclosed on their websites. To test the efficiency of the board, board size, independence of the board, board meetings, and CEO-duality are included while controlling some firm-specific factors like size of the company, profitability, liquidity and industry sector. The regression analysis indicates that the board independence ratio, size, profitability, and industry sector have a significant influence on the total quality of internet reporting of Indian public sector companies. Whereas other variables such as board size, board meetings, CEO-duality and leverage of the companies do not affect the total internet reporting quality. Another notable finding of this study is that board meetings and leverage have a significant adverse impact on content disclosure quality of reporting. The findings indicate that public sector companies with small board size and lower debt are meant to disclose more information on their web pages. The results of the study are helpful for the government-owned companies while deciding the board structure, as the results suggest that board monitoring affects the quality of internet reporting.

Since entrepreneurship is essential for economic development, the policy makers are trying to boost entrepreneurial activity across the nation. It is found that one of the main reasons for the failure of a business is lack of proper exposure to the accounting process, especially usage of management accounting. Therefore, this study has been carried out with the objective to determine the role of management accounting in achieving the entrepreneurial goals. The study uses purposive sampling method for collection of data and chi-square test to test the hypothesis. The findings reveal that management accounting information leads to effective decision making, which is crucial for achieving the entrepreneurial goals.