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Corporate Governance Mechanisms and Firm Performance: a Study of Indian Firms


Affiliations
1 Department of Management Studies, Shri Shankaracharya Institute of Professional Management and Technology, Raipur, Chhattisgarh.
2 Shri Shankaracharya Institute of Professional Management and Technology, Raipur, Chhattisgarh.
     

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Corporate Governance practices are required to ensure better performance of the firm and hence better shareholder returns. But whether the corporate governance practices bring in better firm performance is always a research question. In this paper, we study the relationship between the firm performance and three corporate governance mechanisms namely board practices, financial disclosure and ownership rights using a sample of blue chip Indian firms. The results of the multiple regressions suggest that our model, which is conceptualized based on literature existing literature does not explain the relationship between the dependent and study variables. But study provides base for further research in this area.

Keywords

Corporate Governance, Firm Performance, Board Practices, Ownership, Disclosure Paper Type: Empirical
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  • Corporate Governance Mechanisms and Firm Performance: a Study of Indian Firms

Abstract Views: 411  |  PDF Views: 2

Authors

Tata Sai Vijay
Department of Management Studies, Shri Shankaracharya Institute of Professional Management and Technology, Raipur, Chhattisgarh.
Manoj Sharma
Shri Shankaracharya Institute of Professional Management and Technology, Raipur, Chhattisgarh.

Abstract


Corporate Governance practices are required to ensure better performance of the firm and hence better shareholder returns. But whether the corporate governance practices bring in better firm performance is always a research question. In this paper, we study the relationship between the firm performance and three corporate governance mechanisms namely board practices, financial disclosure and ownership rights using a sample of blue chip Indian firms. The results of the multiple regressions suggest that our model, which is conceptualized based on literature existing literature does not explain the relationship between the dependent and study variables. But study provides base for further research in this area.

Keywords


Corporate Governance, Firm Performance, Board Practices, Ownership, Disclosure Paper Type: Empirical

References