IDEAS home Printed from https://ideas.repec.org/a/ids/ijicbm/v15y2017i4p420-444.html
   My bibliography  Save this article

Corporate governance and firm performance in Indian companies

Author

Listed:
  • Mahesh Chand Garg
  • Dalbir Singh

Abstract

This paper examines the relationship between corporate governance and firm performance in the Indian context. The study includes the corporate governance variables which are ownership structure and board variable and return on assets (ROA), return on equity (ROE), market to book value (MB) and natural log of earning per share (LOGEPS) as measure of firm performance. The study used the panel data of 119 Indian companies from year 2008 to 2014. Panel data regression analysis is used to examine the relationship between corporate governance and firm performance. The study found a positive relationship for ownership structure variables and negative relationship for board variables with firm performance.

Suggested Citation

  • Mahesh Chand Garg & Dalbir Singh, 2017. "Corporate governance and firm performance in Indian companies," International Journal of Indian Culture and Business Management, Inderscience Enterprises Ltd, vol. 15(4), pages 420-444.
    • Handle: RePEc:ids:ijicbm:v:15:y:2017:i:4:p:420-444
    as

    Download full text from publisher

    File URL: http://www.inderscience.com/link.php?id=87629
    Download Restriction: Access to full text is restricted to subscribers.
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Kirti Aggarwal, 2021. "Relationship between Company Characteristics and HR Disclosure Level: Evidences from Indian Public Sector Companies," Management and Labour Studies, XLRI Jamshedpur, School of Business Management & Human Resources, vol. 46(4), pages 399-421, November.
    2. Mahesh Chand Garg & Khushboo Tanwer, 2023. "Board Variables Reforms in India: Success or Failure? A Comparative Analysis Between Pre and Post Enactment Period of Companies Act, 2013," Asia-Pacific Financial Markets, Springer;Japanese Association of Financial Economics and Engineering, vol. 30(3), pages 531-558, September.
    3. Kirti Aggarwal, 2023. "Corporate governance and HR disclosure practices: evidence from India," SN Business & Economics, Springer, vol. 3(2), pages 1-18, February.
    4. Kirti Aggarwal & Anju Verma, 2020. "Effect of Company Characteristics on Human Resource Disclosure Index: Empirical Evidences from Indian Corporates," Management and Labour Studies, XLRI Jamshedpur, School of Business Management & Human Resources, vol. 45(1), pages 85-117, February.
    5. Santanu K. Ganguli & Soumya Guha Deb, 2021. "Board composition, ownership structure and firm performance: New Indian evidence," International Journal of Disclosure and Governance, Palgrave Macmillan, vol. 18(3), pages 256-268, September.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ids:ijicbm:v:15:y:2017:i:4:p:420-444. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sarah Parker (email available below). General contact details of provider: http://www.inderscience.com/browse/index.php?journalID=235 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.