TY  - CHAP
AB  - Abstract The importance of corporate governance was recognized aftermath the major corporate scandal and regulators all over the world tightened regulations. When Sarbanes-Oxley Act was passed, President of United States George W. Bush proclaimed that “the era of low standards and false profits are over.” Following the path, SEBI (Securities and Exchange Board of India) introduced clause 49 to the listing agreement to enhance transparency and integrity to financial statements. Adequate disclosures thus ensure good governance. The concept of corporate governance is more than a decade old in India. Following Satyam Scandal, Indian Industry groups and regulators advocated a number of reforms which led to MCAs (Ministry of Company Affairs) Corporate Governance Voluntary guidelines 2009 to encourage and guide companies to adopt superior practices like appointing board committees, the appointment and rotation of external auditors, and creating a whistle blowing mechanism. The new Companies Amendment bill made the corporate governance disclosures even more stringent. Hence this is an attempt on our part to construct an objective overall corporate governance score to reflect the whole firm governance practices as per the disclosure requirements of clause 49 of the listing agreement of SEBI as well as the insights from the various academic studies to score each element of corporate governance and study the impact of governance on corporate performance represented by Tobin Q.
VL  - 31
SN  - 978-1-78441-956-1, 978-1-78441-955-4/0196-3821
DO  - 10.1108/S0196-382120150000031010
UR  - https://doi.org/10.1108/S0196-382120150000031010
AU  - Kandukuri Rajya Lakshmi
AU  - Memdani Laila
AU  - Raja Babu P.
PY  - 2015
Y1  - 2015/01/01
TI  - Effect of Corporate Governance on Firm Performance – A Study of Selected Indian Listed Companies
T2  - Overlaps of Private Sector with Public Sector around the Globe
T3  - Research in Finance
PB  - Emerald Group Publishing Limited
SP  - 47
EP  - 64
Y2  - 2024/04/25
ER  -