Financial Reporting Quality and Proprietary Cost: Empirical Study of Selected Indian Manufacturing Companies

Abstract

Corporate financial reporting has been recognized as very important issue in accounting area since a long time. Increased awareness among investors and stringent disclosure regulations has converted the subject of corporate financial reporting into an area of growing corporate and academic interest. The empirical study conducted in this paper provides an insight for understanding the nature of relationship between financial reporting quality and proprietary cost particularly in Indian manufacturing industry.