The Effect of Corporate Governance Practice on Firms’ Profitability

1
Radhika Uttam
Radhika Uttam
2
Dr. Hema Doreswamy
Dr. Hema Doreswamy
3
Dr. Madhavi Lokhande
Dr. Madhavi Lokhande
4
Debasmita Lenka
Debasmita Lenka

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GJMBR Volume 21 Issue C3

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Corporate Governance has been framed in organization which basically define relationship between board members, management team and shareholders, to carry out duties at utmost transparency, ethical and accountability. It is always expected that the corporate governance should meet the global standard for better corporate success. Therefore, it is very necessary to have good corporate governance in order to manage effectively in global market. Companies put in lot of effort to build and adopt a good corporate governance model in order to catch the eye of investors. A good corporate governance practice can help companies perform better than competitors and so does it impact on profitability. This research paper focuses on finding the impact on corporate governance practices on profitability of firms. Here statistical methods like descriptive statistics and Pearson correlation methodology are used to find the direct link. Independent variables are board committee, board size, CEO duality, audit committee, non-executive director and dependent variables are PAT, EPS, ROA.

Funding

No external funding was declared for this work.

Conflict of Interest

The authors declare no conflict of interest.

Ethical Approval

No ethics committee approval was required for this article type.

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Not applicable for this article.

Radhika Uttam. 2021. \u201cThe Effect of Corporate Governance Practice on Firms’ Profitability\u201d. Global Journal of Management and Business Research - C: Finance GJMBR-C Volume 21 (GJMBR Volume 21 Issue C3): .

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Corporate governance practices impact firm profitability and decision-making. This research analyzes their influence on businesses' success.
Issue Cover
GJMBR Volume 21 Issue C3
Pg. 29- 39
Journal Specifications

Crossref Journal DOI 10.17406/GJMBR

Print ISSN 0975-5853

e-ISSN 2249-4588

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GJMBR-C Classification: JEL Code: F65
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v1.2

Issue date

July 26, 2021

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English

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Corporate Governance has been framed in organization which basically define relationship between board members, management team and shareholders, to carry out duties at utmost transparency, ethical and accountability. It is always expected that the corporate governance should meet the global standard for better corporate success. Therefore, it is very necessary to have good corporate governance in order to manage effectively in global market. Companies put in lot of effort to build and adopt a good corporate governance model in order to catch the eye of investors. A good corporate governance practice can help companies perform better than competitors and so does it impact on profitability. This research paper focuses on finding the impact on corporate governance practices on profitability of firms. Here statistical methods like descriptive statistics and Pearson correlation methodology are used to find the direct link. Independent variables are board committee, board size, CEO duality, audit committee, non-executive director and dependent variables are PAT, EPS, ROA.

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The Effect of Corporate Governance Practice on Firms’ Profitability

Radhika Uttam
Radhika Uttam
Dr. Hema Doreswamy
Dr. Hema Doreswamy
Dr. Madhavi Lokhande
Dr. Madhavi Lokhande
Debasmita Lenka
Debasmita Lenka

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