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The impact of corporate governance on firm performance and financial stability

Muhammadyor Yunusov

GREEN ECONOMY AND DEVELOPMENT, 2024, vol. 2, issue 3

Abstract: This article examines the relationship between corporate governance and business performance, with a separateanalysis of how it affects a firm's performance and financial stability. The study examines the theoretical foundationsof the relationship and provides an overview of corporate governance procedures. The results suggest the importance ofcorporate governance procedures for improving business performance and reducing financial risks. Practical implicationsfor improving the corporate governance system are discussed.

Keywords: corporate governance; firm performance; financial stability; governance mechanisms; executive compensation; shareholder rights; risk management; control mechanisms; transparency; disclosure; auditing; internal controls; agency theory; stewardship theory; resource dependency theory; policy implications; regulatory frameworks; best practices. (search for similar items in EconPapers)
Date: 2024
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