Business, Management and Accounting
3 years ago

Improved corporate governance boosts financial performance in Indian firms, benefiting stakeholders.

1 view
IIMB Management Review
Are internal governance mechanisms efficient? The case of a developing economy
Mehul Raithatha, Arunima Haldar

Paper Summary

The study looked at how internal rules in companies affect their financial success. They focused on big companies in India and created a "Corporate Governance Index" to measure these rules. By analyzing the data, they found that better corporate governance leads to better financial performance for companies. So, improving internal rules can help companies make more money, benefiting everyone involved.

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