Download or read book The Effect of Internal Corporate Governance Mechanisms on Corporate Performance written by Daoud Abdellatef Jerab and published by . This book was released on 2011 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The purpose of this paper is to explore effect of internal corporate governance mechanisms on company performance. Whether a good corporate governance causes higher firm performance is still a valid research question for reasons like ambiguity regarding the direction of causality. An empirical study was conducted in studying the effect of different of corporate governance internal mechanisms on corporate performance. The result of showed that internal corporate governance mechanism represented by Ownership Structure, Board of Directors, Management Remuneration, Internal Control & Audit and Transparency & Disclosure have a great effect on corporate performance. The corporate performance evaluation criteria's used in this study: Financial Viability, Corporate Growth, Effectiveness, Efficiency, and Risk Reduction are affected by Internal corporate governance mechanisms. The study reveals also that corporate governance affects highly company performance in the medium to long term runs but in the short term performance does not necessarily depend on governance.

Download or read book Effects of External and Internal Corporate Governance Mechanisms on Investment Opportunity Set and Firm Performance written by 胡芳慈 and published by . This book was released on 2005 with total page 116 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Corporate Governance Mechanisms and Firm Performance written by Shveta Singh and published by Springer Nature. This book was released on 2022-05-12 with total page 204 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book begins by analysing the various corporate governance mechanisms explored in the extant literature and determining their effectiveness in enhancing the firm value using multivariate analysis. The findings are of global relevance as the corporate governance regulations of most countries focus on independent directors as the mainstay of good governance. The empirical evidence from the first objective of this study corroborates the claim that independent directors do not strengthen the firms’ governance quality. The book is one of the few works to have analysed the possible reasons behind the ineffectiveness of the independent directors. Also, in view of the famous concept of the bundle of governance mechanisms, it might be possible that the independent directors strengthen the firms’ governance quality indirectly by strengthening other governance mechanisms. This aspect too has little precedence. This study adopts a novel moderation and mediation approach to analyse the monitoring behaviour of independent directors in relation to other governance mechanisms. The work is a must read for corporate players as well as researchers and scholars studying this discipline.

Download or read book The Impact of Internal Corporate Governance Mechanisms on the Performance of Firms written by Subhan Ullah and published by . This book was released on 2015 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Corporate Governance written by H. Kent Baker and published by John Wiley & Sons. This book was released on 2010-08-20 with total page 690 pages. Available in PDF, EPUB and Kindle. Book excerpt: A detailed look at the importance of corporate governance in today's business world The importance of corporate governance became dramatically clear at the beginning of the twenty-first century as a series of corporate meltdowns from managerial fraud, misconduct, and negligence caused a massive loss of shareholder wealth. As part of the Robert W. Kolb Series in Finance, this book provides a comprehensive view of the shareholder-manager relationship and examines the current state of governance mechanisms in mitigating the principal-agent conflict. This book also offers informed suggestions and predictions about the future direction of corporate governance. Relies on recent research findings to provide guidance through the maze of theories and concepts Uses a structured approach to put corporate governance in perspective Addresses essential issues related to corporate governance including the idea of principal-agent conflict, role of the board of directors, executive compensation, corporate monitoring, proxy contests and corporate takeovers, and regulatory intervention Corporate governance is an essential part of mainstream finance. If you need to gain a better understanding of this topic, look no further than this book.

Download or read book International Corporate Governance and Regulation written by Stephen P. Ferris and published by Emerald Group Publishing. This book was released on 2018-11-01 with total page 228 pages. Available in PDF, EPUB and Kindle. Book excerpt: Advances in Financial Economics Vol 20 is peer reviewed and focusses on International Corporate Governance.

Download or read book Internal and External Governance Mechanisms written by Charlie Weir and published by . This book was released on 2003 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper analyses the relationship between internal and external corporate governance mechanisms and the performance of UK companies within the context of the Cadbury Committee's Code of Best Practice. The results show, first, that the market for corporate control is an effective governance mechanism that may be regarded as a substitute for the other mechanisms. Second, there is a weak relationship between the internal governance mechanisms and performance. Third, there is also little evidence that with firms in the top and bottom performance deciles have different internal governance characteristics. The results therefore raise questions about the efficacy of imposing prescriptive internal governance mechanisms on companies, particularly given that the market for corporate control has been shown to be an effective means of reducing agency costs.

Download or read book CEO Governance and Shareholder Returns written by Lex Donaldson and published by . This book was released on 1990 with total page 25 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Are Internal Governance Mechanisms Efficient Case of a Developing Economy written by Mehul Ashok Raithatha and published by . This book was released on 2018 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: The study examines the relationship between internal corporate governance mechanisms and corporate financial performance considering the endogeneity between corporate governance and firm characteristics utilising a sample of large listed Indian firms. We construct and validate a "Corporate Governance Index" based on six internal governance mechanisms affecting the governance of Indian firms. The study estimates the model using the simultaneous equation method. The results suggest that corporate governance has a positive association with corporate financial performance. Thus, the firms will gain by improving their corporate governance as it leads to better corporate financial performance, which is in the interest of all stakeholders.

Download or read book The Impact of Internal Corporate Governance on Firm Performance written by PhD Mamun (FCMA, Syed A.) and published by . This book was released on 2017 with total page 15 pages. Available in PDF, EPUB and Kindle. Book excerpt: Internal Corporate governance refers to the controlling mechanism of various internal actors of a firm. The aim of the study is to explore the impact of internal corporate governance (CG) mechanism on firm performance in three Asian countries namely Bangladesh, Malaysia, and Singapore. Results show that Board Size, Board Independence and CEO Duality have impact on firm performance. Though the impact of CG on firm performance is significant in Singapore, the impact is not significant in Bangladesh and Malaysia. These findings of the study have significant implications to public policy makers and corporate managers to understand the evolution and effectiveness of internal CG practices in different Asian countries.

Download or read book The Impact of Internal Corporate Governance Mechanism on the Performance of Firms written by Subhan Ullah and published by . This book was released on 2014 with total page 282 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Contemporary Issues in Banking written by Myriam García-Olalla and published by Springer. This book was released on 2018-07-23 with total page 470 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book offers insights into the contemporary issues in banking with a special focus on the recent European regulatory reforms, governance and the performance of firms. Written by prestigious professors and expert academics in the field, the book also covers a diverse set of topics that have gained great importance in this sector such as firm financing, culture, risk and other challenges faced by banks. The book is of interest to scholars, students and professionals in banking.

Download or read book The Effect of Corporate Governance on Bank Financial Performance written by Mohamed Basuony and published by . This book was released on 2015 with total page 94 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper investigates the effect of internal corporate governance mechanisms and control variables, such as bank size and bank age on bank financial performance. The sample of this study comprises of both conventional and Islamic banks operating in the seven Arabian Peninsula countries, namely Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, United Arab Emirates, and Yemen. Regression analysis (OLS) is used to test the effect of corporate governance mechanisms on bank financial performance. The results of this study reveal that there is a significant relationship between corporate governance and bank profitability. Board size, board activism, number of outside directors, and bank age significantly affect Tobin's Q. Meanwhile, ROA and PM are affected by ownership concentration, audit committee, audit committee meetings, and the age & size of the bank. The results are consistent with previous literature that the correlation between corporate governance and firm performance is still not clearly established and that impact of corporate governance on bank financial performance in developing countries is still relatively limited.

Download or read book Searching for a Corporate Savior written by Rakesh Khurana and published by Princeton University Press. This book was released on 2011-09-19 with total page 318 pages. Available in PDF, EPUB and Kindle. Book excerpt: Corporate CEOs are headline news. Stock prices rise and fall at word of their hiring and firing. Business media debate their merits and defects as if individual leaders determined the health of the economy. Yet we know surprisingly little about how CEOs are selected and dismissed or about their true power. This is the first book to take us into the often secretive world of the CEO selection process. Rakesh Khurana's findings are surprising and disturbing. In recent years, he shows, corporations have increasingly sought CEOs who are above all else charismatic, whose fame and force of personality impress analysts and the business media, but whose experience and abilities are not necessarily right for companies' specific needs. The labor market for CEOs, Khurana concludes, is far less rational than we might think. Khurana's findings are based on a study of the hiring and firing of CEOs at over 850 of America's largest companies and on extensive interviews with CEOs, corporate board members, and consultants at executive search firms. Written with exceptional clarity and verve, the book explains the basic mechanics of the selection process and how hiring priorities have changed with the rise of shareholder activism. Khurana argues that the market for CEOs, which we often assume runs on cool calculation and the impersonal forces of supply and demand, is culturally determined and too frequently inefficient. Its emphasis on charisma artificially limits the number of candidates considered, giving them extraordinary leverage to demand high salaries and power. It also raises expectations and increases the chance that a CEO will be fired for failing to meet shareholders' hopes. The result is corporate instability and too little attention to long-term strategy. The book is a major contribution to our understanding of corporate culture and the nature of markets and leadership in general.

Download or read book Corporate Governance and Firm Performance in Malaysia written by Mohd Faizal Jamaludin and published by . This book was released on 2020 with total page 25 pages. Available in PDF, EPUB and Kindle. Book excerpt: This study explores the effect of internal corporate governance mechanism of Malaysian public listed firms towards firm performance. This study attempt to determine by using recent available financial data whether the internal corporate governance mechanism are expected to be effective in enhancing firm performance. The internal corporate governance investigate in this study are board independence, board meeting, board size, duality, women director appointment as well participation of family member in the boardroom. The result derived suggests that board meeting is negatively and significantly associated with firm performance while other internal corporate governance mechanism found to be insignificant in this study. Thus, it is suggested that firm with frequent board meeting most likely indicate as firm's response to the firm's poor performance.

Download or read book Corporate Governance and Internal Organization written by Vinay B. Nair and published by . This book was released on 2005 with total page 41 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Internal Corporate Governance in an Emerging Economy written by Syed Abdulla Al Mamun and published by LAP Lambert Academic Publishing. This book was released on 2011-09 with total page 68 pages. Available in PDF, EPUB and Kindle. Book excerpt: Corporate Governance (CG) is the widest control mechanism comprising internal and external elements to ensure better performance of companies. This study focuses on the two internal CG mechanisms board of directors (board) and ownership structure of the listed Financial Institutions (FIs) in an emerging economy namely Bangladesh. Prior research literatures provide inconclusive results regarding the relationship of board and ownership with the performance of companies. Hence, the study took an attempt to investigate the board composition and ownership pattern of FIs and to find the degree of influence of these crucial CG mechanisms on company performance. Using the data over the period 2003-2007, the results indicate the size of the board and gender diversity in the board are positively influences the accounting based performance. In addition, the study observes the negative impact of outside directors (proportion of independent directors and non-independent and non executive directors) on the accounting based performance measures. This result strongly supports the stewardship theory.