Business, Management and Accounting, General Business, Management and Accounting, Accounting, Business and International Management
5
Scopus Publications
Scopus Publications
Impact of corporate specific board attributes on capital disclosure quality evidence from India Suman Devarapalli, Reon Matemane, Lalita Mohan Mohapatra, Sasikanta Tripathy Discover Sustainability, 2026 The capitals disclosure has significant impact on improving the firm’s competitive advantage. This helps in value creation and improves the firm’s performance in short, medium, and long-term prospects. The multiple capital concept includes more social and sustainable information that enhance quality of firm. The current accounting standards do not strictly instruct the firms to disclose more about the multiple capitals. The initial studies have concentrated more on the adoption of integrated reporting (IR), IR quality and intellectual capital disclosure with board and firm features, but no study is carried out using capitals disclosure quality of IR framework and board specific features with the support of agency theory in Indian context. To this extension, this study has designed capital disclosure quality. The analysis is based on a sample of 46 Indian listed firms with 138 firm year observations during 2019 to 21 by employing balanced panel data analysis with Fixed Effect, Random Effect and Pooled Ordinary Least Square. The results disclose the favourable effect of board size, CEO duality, board independence, firm size, covid-19 on the Capital disclosure quality. In contrast, board activity, gender diversity, profitability, and leverage have negative association with capital disclosure quality. The study provides key insights for various stakeholder groups i.e., researchers, practitioners, accounting bodies, government agencies, investors, and policy makers. The present research adds to the literature by considering multiple capitals disclosure quality of IR which was scantly used an indicator for the IR quality. The study further includes the Indian companies where the adoption of IR framework is its initial stages and not mandatory, therefore by linking the disclosure quality and board characteristics in the Indian context will help the policy makers and the practitioners in formulating suitable future policies for the adoption of the novel IR framework. The insights are practising disclose of multiple capitals in annual reports under the IR framework can lead to know how value is created, how capitals links to achievement of sustainable developmental goals and suitable tool to communicate non-financial information.
Determinants of integrated reporting quality: a case study from India Suman Devarapalli, Lalita Mohan Mohapatra, Ranjitha Ajay International Journal of Management Practice, 2025 This study investigates the impact of financial and other factors, including profitability, firm value, board size, firm size, and the influence of COVID, on the quality of integrated reporting (IR). The sample comprises 46 listed Indian corporates observed over a three-year period (2019-2021). A scoring system was devised to assess IR quality through content analysis of annual reports. Empirical estimation employed pooled ordinary least square, fixed effect, and random effect models. The findings revealed no significant relationship between profitability, firm value, and IR quality. However, board size, firm size, and the COVID dummy variable exhibited a positive impact on IR quality. Robustness checks provided further support to the panel regression estimates.
Impact of Corporate Governance Characteristics on Integrated Reporting Quality: An Empirical Analysis, Evidence from India Suman Devarapalli, Lalita Mohan Mohapatra Indian Journal of Corporate Governance, 2024 The research on integrated reporting (IR) has grown swiftly over the past decade, and specific attention is given to the disclosure quality of IR information across the globe. The objective of this study is to investigate the association between board characteristics and integrated reporting quality. The analysis selected 46 Indian listed companies with 138 firm-year observations over three years. The study found a positive impact of board size, CEO duality, non-executive board members, financial leverage, the COVID-19 crisis and firm size on IR quality. The study found a negative effect of gender diversity, board activity and profitability on IR quality. This study is the first to examine the effect of board features on the implementation and adoption of IR in the Indian context. Moreover, the study offers key insights for researchers, practitioners, accounting bodies, government agencies, investors and policymakers into the use of integrated reporting and sound decision-making.
Exploring the disclosure quality of integrated reporting in India Suman Devarapalli, Lalita Mohan Mohapatra, Ammar Jreisat, Sasikanta Tripathy, Somar Al Mohamad International Journal of Managerial and Financial Accounting, 2024 Information is one of the elementary and important tools assessed by the corporate stakeholders for strong decision making. Further, providing accurate, transparent, and concise report is always a challenging task. In this context, this groundwork explores the advancement of integrated reporting (IR) in India. Moreover, the exploration also focuses on the level of disclosure and quality of reporting through individual parameters of IR, i.e., four guiding principles (GP), eight content elements (CE), and six capitals of the IR system. The analysis selected annual reports of 81 Indian companies for 2020 and 2021 and examined 162 integrated annual reports by employing a scoring system for converting qualitative information in the integrated reports to quantitative data. The study constructed the capital disclosure index (CDI) and integrated reporting index (IRI) to measure the overall quality of IR. Wilcoxon signed ranks test, the sign test and paired sample t-test were employed to capture the trend of the IR. This study found that quality of IRI improved in 2021 compared to 2020; however, the individual items did not show much variation. This research has practical implications for the top management, market regulators and policy makers.
Emerging trend set by a start-ups on Indian online education system: A case of Byju's Sasikanta Tripathy, Suman Devarapalli Journal of Public Affairs, 2021 The study is aimed at exploring the growth of Byju's Market in K12, which has brought new and emerging trends in the field of education, especially e‐learning has been made easy through visualized, animated video, and audio classes for grades 4th to 12th especially for mathematics and science subjects. It also extends its courses for CAT, JEE, NEET, and IAS. The objective of the study is to describe the growth of this startup to unicorn and becoming one of the most valued startup in India standing in the 4th spot. The founder of Byju's wish to make the Indian education like what the Mouse House did for entertainment. The study focused with comparison of fellow rival brands along with their SWOT analysis, purely based on secondary and behavioral data which was collected from available websites, rating agencies, articles, and case study of Harvard Business School, which were published in newspapers by different personalities. There is high scope for the project in future for researchers in this industry.
