Corporate governance mechanisms and firm performance: a study of select Indian firms

Pankaj Varshney, Vijay Kumar Kaul and V.K. Vasal

Afro-Asian Journal of Finance and Accounting, 2013, vol. 3, issue 4, 341-395

Abstract: A number of studies have analysed the relationship between corporate governance mechanisms and firm performance but those have primarily been in the context of Western countries. In this paper, we examine the relationship between four corporate governance mechanisms such as: a) size of board; b) composition of board; c) board activity; d) CEO duality and firm performance with economic value added (EVA) as the primary performance measurement metric. Using data for NSE listed firms, we conclude, in particular, that the board size has a significantly positive association with firm performance.

Keywords: corporate governance; firm performance; economic value added; EVA; board size; India; board composition; board activity; CEO duality. (search for similar items in EconPapers)
Date: 2013
References: Add references at CitEc
Citations: View citations in EconPapers (3)

Downloads: (external link)
http://www.inderscience.com/link.php?id=57001 (text/html)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ids:afasfa:v:3:y:2013:i:4:p:341-395

Access Statistics for this article

More articles in Afro-Asian Journal of Finance and Accounting from Inderscience Enterprises Ltd
Bibliographic data for series maintained by Sarah Parker ().