Centres Of Excellence

To focus on new and emerging areas of research and education, Centres of Excellence have been established within the Institute. These ‘virtual' centres draw on resources from its stakeholders, and interact with them to enhance core competencies

Read More >>

Faculty

Faculty members at IIMB generate knowledge through cutting-edge research in all functional areas of management that would benefit public and private sector companies, and government and society in general.

Read More >>

IIMB Management Review

Journal of Indian Institute of Management Bangalore

IIM Bangalore offers Degree-Granting Programmes, a Diploma Programme, Certificate Programmes and Executive Education Programmes and specialised courses in areas such as entrepreneurship and public policy.

Read More >>

About IIMB

The Indian Institute of Management Bangalore (IIMB) believes in building leaders through holistic, transformative and innovative education

Read More >>

Research & Publications Office to host seminar on ‘IPOs, Internal and Disclosure Control Quality, and Financial Reporting Quality’ on 7 February

The talk will be delivered by Prof. Aloke Ghosh, University of North Carolina Charlotte

3 February, 2025, Bengaluru: The Office of Research and Publications (R&P) will host a seminar on, ‘IPOs, Internal and Disclosure Control Quality, and Financial Reporting Quality’, to be led by Prof. Aloke Ghosh, University of North Carolina Charlotte (Finance & Accounting area), at 12 pm on 7th February 2025, at Classroom-K21.

Abstract: Economic theory suggests that firms going public through an Initial Public Offering (IPO) are expected to benefit from designing and maintaining effective controls, which lead to more reliable and timely financial reporting. Consistent with expectations, the researchers find that IPO firms exhibit fewer material weaknesses in internal controls (SOX 404) and disclosure controls (SOX 302) than matched non-IPO firms. Further, it is found that the quality of internal and disclosure controls continues to improve following the IPO which is not the case for the matched sample for the corresponding years. The researchers also find that relative to matched non-IPOs, only IPOs with Big 4 (and not non-Big 4) audit firms are associated with fewer material weaknesses in internal and disclosure controls, which suggests that the benefits of controls are limited to IPOs with high-quality auditors. More directly, the research shows that the benefits of stronger controls include fewer material misstatements in financial statements and fewer non-timely filings of annual or quarterly reports. The findings highlight the value of internal and disclosure control in enhancing the reliability and timeliness of financial reporting for IPO firms, which is likely to have a favorable effect on firm valuation.

Speaker Profile: Dr. Aloke Ghosh is the Distinguished Professor of Accounting at the University of North Carolina Charlotte, United States. He holds PhD and MS degrees from Tulane University. He has published in many top-tier journals such as The Accounting Review, Journal of Accounting and Economics, Review of Accounting Studies, Contemporary Accounting Research, The Journal of Finance, and the Journal of Financial and Quantitative Analysis, among others. He serves as an advisor to several financial institutions on accounting, auditing and finance matters. He is also an independent trustee and an audit committee chair of a SEC registered mutual fund.

Webpage Link: https://belkcollege.charlotte.edu/directory/al-aloke-ghosh/      

Add to Calendar 2025-02-07 05:30:00 2025-02-10 05:13:13 Research & Publications Office to host seminar on ‘IPOs, Internal and Disclosure Control Quality, and Financial Reporting Quality’ on 7 February The talk will be delivered by Prof. Aloke Ghosh, University of North Carolina Charlotte 3 February, 2025, Bengaluru: The Office of Research and Publications (R&P) will host a seminar on, ‘IPOs, Internal and Disclosure Control Quality, and Financial Reporting Quality’, to be led by Prof. Aloke Ghosh, University of North Carolina Charlotte (Finance & Accounting area), at 12 pm on 7th February 2025, at Classroom-K21. Abstract: Economic theory suggests that firms going public through an Initial Public Offering (IPO) are expected to benefit from designing and maintaining effective controls, which lead to more reliable and timely financial reporting. Consistent with expectations, the researchers find that IPO firms exhibit fewer material weaknesses in internal controls (SOX 404) and disclosure controls (SOX 302) than matched non-IPO firms. Further, it is found that the quality of internal and disclosure controls continues to improve following the IPO which is not the case for the matched sample for the corresponding years. The researchers also find that relative to matched non-IPOs, only IPOs with Big 4 (and not non-Big 4) audit firms are associated with fewer material weaknesses in internal and disclosure controls, which suggests that the benefits of controls are limited to IPOs with high-quality auditors. More directly, the research shows that the benefits of stronger controls include fewer material misstatements in financial statements and fewer non-timely filings of annual or quarterly reports. The findings highlight the value of internal and disclosure control in enhancing the reliability and timeliness of financial reporting for IPO firms, which is likely to have a favorable effect on firm valuation. Speaker Profile: Dr. Aloke Ghosh is the Distinguished Professor of Accounting at the University of North Carolina Charlotte, United States. He holds PhD and MS degrees from Tulane University. He has published in many top-tier journals such as The Accounting Review, Journal of Accounting and Economics, Review of Accounting Studies, Contemporary Accounting Research, The Journal of Finance, and the Journal of Financial and Quantitative Analysis, among others. He serves as an advisor to several financial institutions on accounting, auditing and finance matters. He is also an independent trustee and an audit committee chair of a SEC registered mutual fund. Webpage Link: https://belkcollege.charlotte.edu/directory/al-aloke-ghosh/       IIM Bangalore IIM Bangalore communications@iimb.ac.in Asia/Kolkata public
7 Feb 2025

Research & Publications Office to host seminar on ‘IPOs, Internal and Disclosure Control Quality, and Financial Reporting Quality’ on 7 February

Add to Calendar 2025-02-07 05:30:00 2025-02-10 05:13:13 Research & Publications Office to host seminar on ‘IPOs, Internal and Disclosure Control Quality, and Financial Reporting Quality’ on 7 February The talk will be delivered by Prof. Aloke Ghosh, University of North Carolina Charlotte 3 February, 2025, Bengaluru: The Office of Research and Publications (R&P) will host a seminar on, ‘IPOs, Internal and Disclosure Control Quality, and Financial Reporting Quality’, to be led by Prof. Aloke Ghosh, University of North Carolina Charlotte (Finance & Accounting area), at 12 pm on 7th February 2025, at Classroom-K21. Abstract: Economic theory suggests that firms going public through an Initial Public Offering (IPO) are expected to benefit from designing and maintaining effective controls, which lead to more reliable and timely financial reporting. Consistent with expectations, the researchers find that IPO firms exhibit fewer material weaknesses in internal controls (SOX 404) and disclosure controls (SOX 302) than matched non-IPO firms. Further, it is found that the quality of internal and disclosure controls continues to improve following the IPO which is not the case for the matched sample for the corresponding years. The researchers also find that relative to matched non-IPOs, only IPOs with Big 4 (and not non-Big 4) audit firms are associated with fewer material weaknesses in internal and disclosure controls, which suggests that the benefits of controls are limited to IPOs with high-quality auditors. More directly, the research shows that the benefits of stronger controls include fewer material misstatements in financial statements and fewer non-timely filings of annual or quarterly reports. The findings highlight the value of internal and disclosure control in enhancing the reliability and timeliness of financial reporting for IPO firms, which is likely to have a favorable effect on firm valuation. Speaker Profile: Dr. Aloke Ghosh is the Distinguished Professor of Accounting at the University of North Carolina Charlotte, United States. He holds PhD and MS degrees from Tulane University. He has published in many top-tier journals such as The Accounting Review, Journal of Accounting and Economics, Review of Accounting Studies, Contemporary Accounting Research, The Journal of Finance, and the Journal of Financial and Quantitative Analysis, among others. He serves as an advisor to several financial institutions on accounting, auditing and finance matters. He is also an independent trustee and an audit committee chair of a SEC registered mutual fund. Webpage Link: https://belkcollege.charlotte.edu/directory/al-aloke-ghosh/       IIM Bangalore IIM Bangalore communications@iimb.ac.in Asia/Kolkata public

The talk will be delivered by Prof. Aloke Ghosh, University of North Carolina Charlotte

3 February, 2025, Bengaluru: The Office of Research and Publications (R&P) will host a seminar on, ‘IPOs, Internal and Disclosure Control Quality, and Financial Reporting Quality’, to be led by Prof. Aloke Ghosh, University of North Carolina Charlotte (Finance & Accounting area), at 12 pm on 7th February 2025, at Classroom-K21.

Abstract: Economic theory suggests that firms going public through an Initial Public Offering (IPO) are expected to benefit from designing and maintaining effective controls, which lead to more reliable and timely financial reporting. Consistent with expectations, the researchers find that IPO firms exhibit fewer material weaknesses in internal controls (SOX 404) and disclosure controls (SOX 302) than matched non-IPO firms. Further, it is found that the quality of internal and disclosure controls continues to improve following the IPO which is not the case for the matched sample for the corresponding years. The researchers also find that relative to matched non-IPOs, only IPOs with Big 4 (and not non-Big 4) audit firms are associated with fewer material weaknesses in internal and disclosure controls, which suggests that the benefits of controls are limited to IPOs with high-quality auditors. More directly, the research shows that the benefits of stronger controls include fewer material misstatements in financial statements and fewer non-timely filings of annual or quarterly reports. The findings highlight the value of internal and disclosure control in enhancing the reliability and timeliness of financial reporting for IPO firms, which is likely to have a favorable effect on firm valuation.

Speaker Profile: Dr. Aloke Ghosh is the Distinguished Professor of Accounting at the University of North Carolina Charlotte, United States. He holds PhD and MS degrees from Tulane University. He has published in many top-tier journals such as The Accounting Review, Journal of Accounting and Economics, Review of Accounting Studies, Contemporary Accounting Research, The Journal of Finance, and the Journal of Financial and Quantitative Analysis, among others. He serves as an advisor to several financial institutions on accounting, auditing and finance matters. He is also an independent trustee and an audit committee chair of a SEC registered mutual fund.

Webpage Link: https://belkcollege.charlotte.edu/directory/al-aloke-ghosh/