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Dsouza, Suzan
- NIFTY 500 Analysis with EPS Yardstick
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Authors
Affiliations
1 American University of the Middle East, KW
2 Private Banking, Emirates NBD, AE
3 Indiabulls Group, IN
1 American University of the Middle East, KW
2 Private Banking, Emirates NBD, AE
3 Indiabulls Group, IN
Source
Journal of Commerce and Accounting Research, Vol 9, No 4 (2020), Pagination: 55-62Abstract
In this research paper, we identify the relationship between the sectoral constitution of the Nifty 500 population and the 50 top-performing companies under Nifty 500. EPS, as a financial ratio, has been comprehensively used in this study. The financial statements of the selected Nifty 500 companies are used to calculate the relevant financial ratio. The EPS of the companies are expressed in terms of growth rate (R), where R = CAGR expressed to measure the EPS growth rate of each company in the Nifty 500. Rm is the average of all the EPS growth rates of the Nifty 500 companies, expressed as a benchmark of Nifty 500. R-Rm is the deviation between R and Rm. The relevant secondary data, which includes five years’ observations, have been extracted from the Money Control and NSE database for the period 2012 to 2017. Based on the overall analysis, the study revealed that the sectors among the 50 top-performing companies of Nifty 500, which have the least deviation compared to the benchmark of Nifty 500, are the sectors with a majority proportion in the Nifty 500 population. The sectoral constitutions of the 50 top-performing companies under Nifty 500 are significantly different compared to the 50 bottom-performing companies. When we compare the internal sectoral proportions among the various sectors of the 50 top-performing companies there is no substantial difference among them. However, the internal sectoral proportions among the various sectors of the 50 bottom-performing companies have a significant difference among them.Keywords
Nifty 500, EPS, EPS Growth Rate, National Stock Exchange of India Limited (NSE).
- Impact of Internal Audit Quality on Financial Stability
Abstract Views :109 |
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Authors
Affiliations
1 Assistant Professor, American University of the Middle East, KW
2 Assistant Professor, Higher College of Technology, Muscat, OM
1 Assistant Professor, American University of the Middle East, KW
2 Assistant Professor, Higher College of Technology, Muscat, OM
Source
Journal of Commerce and Accounting Research, Vol 10, No 4 (2021), Pagination: 19-30Abstract
The objective of this study is to find out the effect of internal audit quality as an essential tool, for efficient and effective financial management and stability, which fulfills the financial goals of the firm. Due to the increasing importance of internal audit quality and the limited evidence on its impact on financial stability, we have examined the influence of internal audit on the financial aspects of companies. The study has drawn evidence from the data collected through a questionnaire and performing correlation analysis and simple regression on the audit, finance, and banking professionals. The findings assess and suggest a positive relationship between audit quality and financial stability. The research reveals the significant role of internal audit quality on the financials; high audit quality directly impacts the company’s level of financial stability. Based on the findings, awareness among the employees and management has to be maximised so that an understanding of the challenges and impact on financial stability can be assessed by the auditors. The paper will prove to be an essential contribution by providing substantial evidence regarding internal audit quality and financial stability.Keywords
Internal Audit, Internal Audit Function, Audit Quality, Financial Stability, Audit ImpactReferences
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