![Open Access](https://i-scholar.in/lib/pkp/templates/images/icons/fulltextgreen.png)
![Restricted Access](https://i-scholar.in/lib/pkp/templates/images/icons/fulltextred.png)
Impact of Corporate Governance Practices and Firm Performance: An Empirical Study
Subscribe/Renew Journal
Corporate governance (CG) is the process and structure through which the affairs of a firm are managed for enhancing business prosperity and corporate accountability, and the ultimate objective of CG is to ensure the shareholders' wealth. A good corporate governance practice is regarded as an important aspect in reducing risks for investors, attracting capital for investment, and improving the performance of companies in the long run. The objective of this paper was to explore the relationship between the firms' performance and corporate governance practices. The paper analysed board of directors and financial performance of major listed companies in the National Stock Exchange (NSE) S&P CNX Nifty during the study period. The study found that the corporate governance structure which incorporated government ownership created more opportunities and resources for better financial performance of the sample firms.
Keywords
Corporate Governance, Financial Performance, Government Ownership Structure, Board Directors
G34, G32, H3
Paper Submission Date : March 1, 2014 ; Paper sent back for Revision : August 18, 2014 ; Paper Acceptance Date : October 6, 2014.
User
Subscription
Login to verify subscription
Font Size
Information
![](https://i-scholar.in/public/site/images/abstractview.png)
Abstract Views: 162
![](https://i-scholar.in/public/site/images/pdfview.png)
PDF Views: 0