Tamanna Chandna
Abstract:
A company's ability to attract and retain investors and make good use of their cash is directly correlated to the reliability of its financial reports. Examining how legal frameworks and corporate governance processes distress the excellence of financial reporting is the primary objective of this research. Accounting standards, enforcement mechanisms, regulatory oversight, and board composition are some of the regulatory aspects that are examined in this research, along with executive compensation, ownership concentration, audit committee effectiveness, and board composition. The research is based on a thorough literature review and empirical analysis.