The ‘Journal of Accounting & Finance” is a professional Journal of ‘Research Development Association’ devoted to the analysis and portrayal of ‘Accounting & Finance perspectives. It aims at promoting objective analysis based on scientific concepts including statistical analysis and fosters discussion on issues that significantly contribute to the ongoing globalization process and verifies the significance of understanding the concepts in accounting and finance from an international context. The ‘Journal of Accounting & Finance’ is a bi-annual research journal published in March and September every year. It is a refereed international peer-reviewed journal with the review process being double blind. The policy of the journal is to publish papers, articles, reviews etc which provides an objective analysis based on scientific concepts, empirical research and factual data in general and with regard to various operational facets of ‘Accounting & Finance’ in particular. The Journal, with its mission to promote thinking on various aspects of accounting and finance, is targeted at academicians, research scholars, practitioners and professionals associated with the field of accounting and finance to promote pragmatic research by disseminating the results of research in all the areas of accounting and finance. The journal thus intends to improve communication between and within the academic and other research communities and those members of financial institutions both private and public, national and international which are responsible for operational and policy decisions.