Corporate governance as a performance driver: Panel data evidence from Greek listed firms during the 2010–2017 crisis period

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Abstact

This study explores the influence of corporate governance practices on the financial performance of firms listed on the Athens Stock Exchange (ASE) during the period 2010–2017, a timeframe that captures the aftermath of the Greek sovereign debt crisis and precedes the disruptions caused by the COVID-19 pandemic. The research focuses on understanding whether the adoption of sound governance structures can act as a driver of firm profitability, particularly in times of heightened economic and institutional uncertainty.

Keywords: Corporate Governance, Athens Stock Exchange, Financial Performance, Greek Debt Crisis, Firm Effectiveness

JEL Classification: G30, G32, G34, H11

Received: 05.04.2025
Accepted: 06.05.2025

How to cite: Stavrou, K., Kalantonis, P., & Skordoulis, M. (2025). Corporate governance as a performance driver: Panel data evidence from Greek listed firms during the 2010–2017 crisis period. In A. M. Gallo, U. Comite, & A. Kostyuk (Eds.), Corporate governance: International outlook (pp. 66–68). Virtus Interpress. https://doi.org/10.22495/cgiop13