Business, Management and Accounting
8 years ago

Bad corporate governance destroys value, good governance boosts financial performance!

ICTACT Journal on Management Studies
A STUDY ON THE IMPACT OF CORPORATE GOVERNANCE ON FINANCIAL PERFORMANCE
M. G., Mari muthu

Paper Summary

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The study looked at how the way companies are run (corporate governance) affects their financial performance. They analyzed data from 30 Indian companies over five years and found that two factors, Board Ownership and Duality, have a significant impact on Return on Assets. This means that how much control the board has and whether the chairman is also the managing director can affect how well a company does financially.