IDEAS home Printed from https://ideas.repec.org/h/spr/sprchp/978-981-99-3401-0_4.html
   My bibliography  Save this book chapter

Linkage Between Corporate Governance, Foreign Direct Investment and Economic Growth—Empirical Evidence from India

In: Looking at and Beyond Corporate Governance in India

Author

Listed:
  • Seema Joshi

    (University of Delhi)

  • Ruchi Kansil

    (An academician and independent researcher)

Abstract

Most extant studies focus on the relationship between foreign direct investment (FDI)Foreign direct investment (FDI) and economic growth (EG). However, the unique contribution of the present chapter is that it extends the literature through empirical evaluation of the linkage between the three variables viz. corporate governance (CG), foreign direct investment (FDI) and economic growth (EG) by using the Granger causality technique. The study finds that the relationship between the EG and CG is bidirectionalCorporate governance (CG)bidirectional in nature. Furthermore, EG and CG both cause FDI. From the results, we infer that CG is a crucial variable that deserves special and more attention from policy makers in India to revive the present growth rate of the country and to subsequently put India on a higher growth trajectory. Indeed, good CG norms have the potential to boost EG by attracting more FDI.

Suggested Citation

  • Seema Joshi & Ruchi Kansil, 2023. "Linkage Between Corporate Governance, Foreign Direct Investment and Economic Growth—Empirical Evidence from India," Springer Books, in: Looking at and Beyond Corporate Governance in India, chapter 0, pages 89-109, Springer.
    • Handle: RePEc:spr:sprchp:978-981-99-3401-0_4
    DOI: 10.1007/978-981-99-3401-0_4
    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_4. 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.