Transparency in Indian Companies Linked to Financial Success on Stock Exchange
The article explores how corporate governance practices impact the performance of Indian companies listed on the Bombay Stock Exchange. The researchers looked at factors like transparency, disclosure, and shareholders' rights to see if they affect financial performance. They found that firms with better corporate governance tend to perform well financially, using measures like Return on Equity and Return on Capital Employed. The study focused on 121 companies from different market caps in India from 2010-2011.