Corporate Governance and Firm Value An Empirical Study of Financial Services in India

By: Contributor(s): Publication details: New Delhi Associated Managements Consultants (P) Ltd 2022Description: Vol 16 No 9 Sept 2022 Pg 42-53Subject(s): In: Indian Journal of FinanceSummary: Empirical Evidence on the association between firm value and corporate governance has mixed result depending on the chosen attributes for governance and firm value. The study investigated this relationship for financial services firms in India. Based on the literature review, four attributes of corporate governance were chosen. Ownership, Concentration, Institutional ownership, board independence and CEO quality. The study contributed to the corporate governance literature of financial services firms in India.
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Article St. Francis Institute of Management and Research Available AR1015

Empirical Evidence on the association between firm value and corporate governance has mixed result depending on the chosen attributes for governance and firm value. The study investigated this relationship for financial services firms in India. Based on the literature review, four attributes of corporate governance were chosen. Ownership, Concentration, Institutional ownership, board independence and CEO quality. The study contributed to the corporate governance literature of financial services firms in India.

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