-
Journal menu
- General information
- Editorial Board and External Reviewers
- Journal Policies
- Publication Ethics and Malpractice Statement
- Instructions for authors
- Paper reviewing
- Article processing charge
- Feedback from stakeholders
- Journal’s Open Access statement
- Order hard copies of the journal
- 50 most cited papers in the journal
AN EMPIRICAL EXAMINATION OF THE IMPACT OF CORPORATE GOVERNANCE DISCLOSURE ON FINANCIAL PERFORMANCE
Download This Article
Arunima Haldar 
, S.V.D. Nageswara Rao
Abstract
The Indian corporate governance relationships have evolved over time as a result of both formal and informal stakeholder interactions, with changes to Clause 49 triggering a further evolutionary move in Indian corporate governance towards global benchmarks. This study seeks to gain insights into how the regulatory changes impacted corporate governance (CG) practices in India by measuring their effect on performance. We construct a "CG Compliance Index" using three important governance mechanisms for the year 2008. The analysis reveals that majority companies have complied by the regulations depicted by high CG compliance score and have a significant positive relationship between CG Compliance Index and the market measure of financial performance of companies.
Keywords: Financial Performance, Corporate Governance Compliance Index, India
How to cite this paper: Haldar, A., & Nageswara Rao, S. V. D. (2015). An empirical examination of the impact of corporate governance disclosure on financial performance. Corporate Ownership & Control, 12(3-4), 468-473. https://doi.org/10.22495/cocv12i3c4p7
