A STUDY ON THE IMPACT OF CORPORATE GOVERNANCE ON FINANCIAL PERFORMANCE

Authors

  • Pramod Damodar Vaidya Symbiosis International University Author

DOI:

https://doi.org/10.61841/b1taf430

Keywords:

Board Composite, Board Ownership, Corporate Governance,, Duality, Return on Assets

Abstract

The Cadbury Report depicts corporate administration as "a framework where affiliations are encouraged and controlled" (Cadbury, 1992). The corporate framework for the most part alludes to rules, rehearses, laws, affiliations, and rules overseeing the affiliation's direct. While solid proof doesn't demonstrate the association between a dependable corporate structure and the making of extraordinary incentive for a relationship, there is solid affirmation in the past that a terrible corporate association is looking to pulverize great characteristics. This unequivocal research tries to encourage the association between the lucrative organizations and corporate collections of the 30 Indian affiliations enlisted with the BSE. Board size resources and corporate administration factors (business depend on information stacking), duality (if the head and official are simply the equivalent), pay for top administration representatives, self-rule (number of informal manager) and board responsibility for affiliations (support and support's get-together accomplice case) 01/04/2014 Money from the moneycontrol.com and CMIE information hotspot for quite a while from 31/03/2019 and inquired about utilizing SPSS, utilizing measures of affiliation, relapse and normal. The outcomes uncover that the two corporate administration parts of board proprietorship and duality have the best effect on ROA at 5%.

Keywords: , , , 

 

Downloads

Download data is not yet available.

References

1. NeelamBharadwaj and BataniRahavendra Rao, “Corporate Governance Practices in India -A Case Study”, Asian Specific Journal of Research, Vol. 1, No. XIII, pp.43- 54, 2014.

2. Jatinder Kaur, “Corporate Governance and Financial Performance: A case study of Indian Banking Industry”, Asian Journal of Multidisciplinary Studies, Vol. 2, No. 2,pp. 91- 96, 2014.

3. Abayay Raja and Hitesh shah, “Corporate Governance and FinancialPerformance:Anempiricalstudy”,

4. Contemporary Issue and Challenges in Indian Economic Environment, pp. 1-8, 2015.

5. Jia-Hua Tsai, Jean Yu and Shiow-Ying Wen, “Intellectual Capital, Corporate Governance and Firm Performance”, Information Management and Business Review, Vol. 5, No.10, pp. 482-491, 2013.

6. Priyanka Aggarwal, “Impact of Corporate Governance on Corporate Financial Performance”, Journal of Business andManagement, Vol. 13, No. 3, pp. 01-05, 2013.

7. PallaviKapooria, R. C. Sharma and Deepak Kaul, “Impact of Corporate Governance on Firm Performance: An Empirical Analysis of IT and Manufacturing Sectors”,

8. International Global Research Analysis, Vol. 2, No. 6, pp.123-124, 2013.

9. Amarjit Gill, Suraj P. Sharma, Harvinder S. Mand and Neil Mathur, “The relationship between corporate governance and the investment decision of small business firms in India”, Journal Finance and Investment and Analysis, Vol. 1, No. 2, pp. 41-59, 2012.

10. Zhe Zhang, Xiaoling Lu and Yuzhu Julia, “Corporate Governance and Customer Satisfaction”,

InternationalJournal of Business and Social Science, Vol. 2, No. 9, pp.289-292, 2011.

11. Ajay KumarGarg, “Influence of Board Size and Independence on Firm Performance: A Study of Indian Companies”, Vikalpa, Vol. 32, No. 3, pp. 39-60, 2007.

12. James Nelson, “Corporate Governance Practices, CEO Characteristics and Firm Performance”, Journal ofCorporate Finance, Vol. 11, No. 1-2, pp. 197-228, 2005.

13. Leora F. Klapper and Inessa Love, “Corporate Governance, Investor Protection, and Performance in Emerging Markets”, The World Bank Development Research Group, 2001.

14. Kajola and O. Sunday, “Corporate Governance and Firm Performance: The Case of Nigerian Listed Firms”,

Downloads

Published

31.07.2020

How to Cite

Vaidya, P. D. (2020). A STUDY ON THE IMPACT OF CORPORATE GOVERNANCE ON FINANCIAL PERFORMANCE. International Journal of Psychosocial Rehabilitation, 24(5), 8809-8815. https://doi.org/10.61841/b1taf430