Business, Management and Accounting
4 years ago

Corporate governance impacts firm profitability across countries, study finds.

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˜The œICFAI Journal of Corporate Governance
Board, Ownership Structure & Pay and Firm Performance: A Literature Review
Nikhat Afshan, Prerna Chhetri, Sudeepta Pradhan

Paper Summary

Corporate governance is important for companies to make good decisions and maximize profits. Different countries and industries have different governance systems. Factors like board size, director's shareholding, and ownership structure affect firm profitability. Research shows a link between corporate governance and firm performance, but this relationship varies across countries.

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