EconPapers    
Economics at your fingertips  
 

Corporate Governance and Performance of Foreign Firms in India

Tulchha Bishnoi () and Sofia Devi Sh

Indian Journal of Corporate Governance, 2015, vol. 8, issue 2, 137-152

Abstract: Abstract This article examined the issues related to corporate governance in foreign firms working in India. The three questions examined are: What is the nature of corporate governance in terms of board size, independence and quality of its functioning or its effectiveness? Does board independence and size of the board show difference in compliance with corporate governance? What is the relationship between corporate governance and firms’ performance? These three questions are examined with reference to board size, board composition, board independence, conduct of the board and its committees. The data relate to the period from 2005–2006 to 2011–2012 for 42 foreign firms listed in the National Stock Exchange (NSE). The analysis is based on compliance of the firms with corporate governance mandatory requirements. The degree of compliance with corporate governance is fairly good. Majority of the firms fulfilled the mandatory requirements in all sub-indices of the clause .

Keywords: Board independence; board size; compliance; corporate governance; mandatory requirements (search for similar items in EconPapers)
Date: 2015
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
https://journals.sagepub.com/doi/10.1177/0974686215602384 (text/html)

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:sae:ijcgvn:v:8:y:2015:i:2:p:137-152

DOI: 10.1177/0974686215602384

Access Statistics for this article

More articles in Indian Journal of Corporate Governance
Bibliographic data for series maintained by SAGE Publications ().

 
Page updated 2025-03-19
Handle: RePEc:sae:ijcgvn:v:8:y:2015:i:2:p:137-152