IDEAS home Printed from https://ideas.repec.org/h/spr/sprchp/978-981-99-3401-0_3.html
   My bibliography  Save this book chapter

Corporate Governance and Economic Performance—A Micro to Macro Perspective

In: Looking at and Beyond Corporate Governance in India

Author

Listed:
  • Seema Joshi

    (University of Delhi)

  • Ruchi Kansil

    (An academician and independent researcher)

Abstract

The literature reveals that there are different channels through which corporate governance (CG) impacts economic performance. The chapter briefly discusses them to establish linkages between CG and economic performance. At the micro levelCorporate governance (CG)micro level, better governance structures can definitely lead to improvement in the performance of firms by making management more efficient and productive and by bringing about improvement in asset allocation and labor policies. At the macro levelCorporate governance (CG)macro level, prior studies reveal that there is a positive link between improved quality of governance and economic growth (EG)Economic growth (EG). This chapter empirically addresses two overarching questions: Does CG improve firm performance in India at the micro level? Does CG enhance EG in the case of India at the macro level? The results prove that good corporate governance enhances firm performance on the one hand and that economic growth precedes corporate governance. In other words, corporate governance is a consequence of economic growth in the case of India.

Suggested Citation

  • Seema Joshi & Ruchi Kansil, 2023. "Corporate Governance and Economic Performance—A Micro to Macro Perspective," Springer Books, in: Looking at and Beyond Corporate Governance in India, chapter 0, pages 53-87, Springer.
    • Handle: RePEc:spr:sprchp:978-981-99-3401-0_3
    DOI: 10.1007/978-981-99-3401-0_3
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    More about this item

    Statistics

    Access and download statistics

    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:spr:sprchp:978-981-99-3401-0_3. 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: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    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.