... by taking derivatives of total cost with respect to outputs): India Capital Ownership Efficiency Insolvency risk SFA Three-stage least squares India is an Asian giant, with impressive economic growth rates over the last two decades (Heffernan and Fu, 2012). The Indian government gradually...

...Yi‐Ping Liao Purpose This study aims to empirically investigate whether the adoption of fair‐value‐accounting decreases the relevance of banks' capital adequacy ratios (CARs) in explaining insolvency risks. Additionally, how the disclosure quality affects the superiority of fair‐value‐based CARs...