The Study Related to Corporate Governance and Firm
Published: 2024
Author(s) Name: Tushar Ashokrao Raut, Priya Yadav |
Author(s) Affiliation: Shri Venkateshwara University, Gajraula, Uttar Pradesh, India.
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Abstract
The study investigates the impact of corporate governance on firm performance among selected companies in India, addressing a critical gap in understanding how governance practices influence operational and financial outcomes in the Indian context. The research highlights the importance of effective corporate governance mechanisms, such as board diversity and shareholder rights, in enhancing firm performance metrics like “Return on Assets (ROA) and Return on Equity (ROE).” Utilising a mixed-methods approach, the study collects both primary data through questionnaires and secondary data from annual reports, focusing on firms in the Delhi NCR region. Key findings indicate a statistically significant positive relationship between corporate governance and firm performance, suggesting that better governance practices correlate with improved financial outcomes. The results underscore the necessity for Indian companies to adopt transparent governance structures to attract foreign investment and foster sustainable economic growth. Ultimately, this research aims to provide empirical evidence that informs better governance practices and contributes to the stability of firms within India’s evolving economic landscape.
Keywords: Corporate Governance, Financial Performance, Foreign Direct Investment, Corporate Fraud
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