( ISSN 2277 - 9809 (online) ISSN 2348 - 9359 (Print) ) New DOI : 10.32804/IRJMSH

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IMPACT OF FINANCIAL REGULATION ON CORPORATE FINANCE

    1 Author(s):  MAHENDER PANWAR

Vol -  7, Issue- 3 ,         Page(s) : 395 - 398  (2016 ) DOI : https://doi.org/10.32804/IRJMSH

Abstract

Need for Regulatory Environment: Adequate framework of disclosure regulation is necessary because of the potential for market failure in the absence of financial information. Without adequate information, investors will be reluctant to participate in the markets that are perceived to be manipulated in favour of certain vested interests. It is therefore evident that companies cannot be relied upon to make a full and fair disclosure of information on their own. There must be some regulation to prescribe certain level of information to be disclosed by all the companies.

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