![]() ![]() ![]() Implementing good corporate governance practices. Hence, it is concluded that firms of the developing world can possibly enhance their performance by It implies that good corporate governance practices lead to reduced agency costs. Good corporate governance practices can expect to achieve higher accounting and market ![]() ![]() Practical implications – The outcomes of the analyses advocated that companies that comply with The results also suggest that CEO duality is not related to any firm performance measures for the sample firms. On the other side, the results indicate that return on equity and profitability is not related to corporate governance indicators. Several alternative specifications and estimation techniques are used for analysis purposes, including system generalized methods of moments, which effectively overcomes the problem of endogeneity and simultaneity bias.įindings – On one side, the findings indicate that larger boards are associated with a greater depth of intellectual knowledge, which in turn helps in improving decision-making and enhancing the performance. Purpose – This study aims to examine the impact of corporate governance on firm performance for a large representative sample.ĭesign/methodology/approach – This empirical analysis focuses on a large number of companies covering 20 important industries of the Indian manufacturing sector for the period 2001-2010. ![]()
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