Business, Management and Accounting
7 years ago

Good corporate governance boosts performance of firms on Nairobi Securities Exchange.

International Journal of Scientific Research and Management (IJSRM)
Corporate Governance and Performance of Firms Listed on the Nairobi Securities Exchange
Edward Kobuthi, Peter K’Obonyo, Martin Ogutu

Paper Summary

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The study looked at how good corporate governance affects the performance of companies on the Nairobi Securities Exchange. They used a corporate governance index based on guidelines from the Capital Markets Authority in Kenya. By surveying CEOs and corporation secretaries, they found that firms with better corporate governance tend to perform better, especially in non-financial aspects.