Economics at your fingertips  

The Impact of Corporate Governance on Company Performance: A Study among Medium and Large Enterprises in Kosovo

Mustafa Saxhide, Llaci Shyqyri and Berisha Hajdin
Additional contact information
Llaci Shyqyri: Department of Management, Faculty of Economics, University ofTirana, Albania
Berisha Hajdin: Department of Business Management, Riinvest College,Prishtinë, Kosovo

Mediterranean Journal of Social Sciences, 2018, vol. 9, issue 6, 207-212

Abstract: An effective corporate governance system is established to ensure proper balance of long-term interests of different stakeholders (primarily: owners, employees and management) and improve company's performance and its competitive position in the market. This paper provides a theoretical discussion and empirical evidence on the interdependence between corporate governance and company performance among medium and large enterprises in Kosovo. A questionnaire survey was employed for data collection purposes. The study included a sample of 87 managers from 87 medium and large enterprises. Results indicate that effects of corporate governance on the performance tend to be greater in larger companies. Regarding the determinants, the theoretical expectations are confirmed. Results confirm that the size of the company, the level of investment, export activities and company life expectancy are statistically significant determinants of the adoption of corporate governance practices. As a result, larger companies with large scales of investment and longer market experience tend to adopt more corporate governance practices. The study suggests that corporate governance will inevitably affect companies’ performance and further research is needed in this context.

Keywords: Performance; corporate governance; company; enterprise (search for similar items in EconPapers)
Date: 2018
References: Add references at CitEc
Citations: Track citations by RSS feed

Downloads: (external link) ... -0176.xml?format=INT (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:

Access Statistics for this article

Mediterranean Journal of Social Sciences is currently edited by Alessandro Figus

More articles in Mediterranean Journal of Social Sciences from Sciendo
Bibliographic data for series maintained by Peter Golla ().

Page updated 2019-03-12
Handle: RePEc:vrs:mjsosc:v:9:y:2018:i:6:p:207-212:n:20