Corporate Governance Practices and Business Performance The Problems Accounting essay
In another quest, studies on corporate governance in India can be divided into three streams depending on the research approach and data used in these studies. These three streams are: 1 studies based on primary data and indexes, 2 studies based on secondary data, conceptual or review studies. Much of the research on management compensation focuses on the level and structure of executive compensation. In this study, we examine an element of compensation that has not received much research attention to date: the distribution of compensation among managers and its impact on firm performance. We examine the implications of two issues. Overall, our empirical evidence shows that corporate governance practices at the firm level improve firm performance, but the contribution lies more in stock performance. The effect is more prominent when the founders have high ownership. Our results are robust to several indicators of firm performance, and in general corporate governance is considered to have significant impacts on. the growth prospects of an economy, thanks to good corporate governance. practices reduce the risk for. The term business performance is complex and measuring business performance in today's economic environment is a critical issue for academic scientists and practicing managers. Although corporate governance has been studied from the point of view of accounting and financial aspects, performance Khatib amp Nour, 2021 Goel, 2018 Mohamed, Basuony, amp Badawi, 2013, next.