scholarly journals Research On Relationship Between Regional Corruption And Performance Of Listed Companies

Author(s):  
Fan Yang ◽  
Haining Wu ◽  
Wenjie Yang
2014 ◽  
Vol 18 (1) ◽  
pp. 22-35 ◽  
Author(s):  
Domenico Celenza ◽  
Fabrizio Rossi

Purpose – The aim of this paper is to investigate the relationship between corporate performance and Value Added Intellectual Coefficient (VAICTM) on the one hand, and the relationship between the variations in market value and the variations in VAIC on the other hand. Design/methodology/approach – Starting from the VAIC model, 23 Italian listed companies were examined with the aim of investigating the relationship between VAIC and the performance of the firms in the sample. The analysis was divided into two stages. In the first stage, eight models of linear regression were estimated to verify the presence of a positive and statistically significant relationship between M/BV and VAIC and between accounting performance indicators (ROE, ROI, ROS) and the VAIC. In the second stage, six other models were tested, considering as an independent variable the variations in VAIC and the variations in profitability indicators. Findings – The outcomes of the application stress the importance of VAIC in the explanation of the variations in MV and its role as “additional coefficient” in the analysis of equity performance. Originality/value – This methodology highlights some very interesting aspects. In particular, whereas the relationship between M/BV and VAIC and between profitability indicators (ROI, ROE, ROS) and VAIC is statistically insignificant, the subsequent analysis highlights the importance of VAIC as a variable capable of increasing the explanatory power of the regression in a cross-sectional perspective.


2016 ◽  
Vol 37 ◽  
pp. 184-195 ◽  
Author(s):  
Paulo Alves ◽  
Eduardo Barbosa Couto ◽  
Paulo Morais Francisco

Author(s):  
Yang Wang ◽  
Yijun Chen ◽  
Qi Xu ◽  
Wenqing Wu

ISO14001 certification is of great significance to the company's environmental performance. Through the empirical analysis of environmental certification and performance of Listed Companies in China, this chapter draws some valuable conclusions. The initial ISO14001 certification will worsen the environmental performance of the enterprises. The equity nature of the enterprise has a moderating effect on the ISO14001 certification's influence on enterprise environmental performance. The separation rate of the above-mentioned two positions has a moderating effect on the ISO14001 certification's influence on enterprise environmental performance. Based on the above conclusions, this chapter puts forward some reasonable policy suggestions.


Heliyon ◽  
2019 ◽  
Vol 5 (10) ◽  
pp. e02569 ◽  
Author(s):  
Stephen Ojeka ◽  
Alex Adegboye ◽  
Kofo Adegboye ◽  
Olaoluwa Umukoro ◽  
Olajide Dahunsi ◽  
...  

2017 ◽  
Vol 9 (7) ◽  
pp. 114
Author(s):  
Xinyuan Zhang ◽  
Zhixiu Guo ◽  
Xiaorui Feng ◽  
Yan He

The equity structure is the basis for corporate governance, and the decisive factor for performance of listed companies. Considering the return on equity as the measure index of company performance, the paper has collected 2014-2016 data related to index of equity structure from 32 listed companies in Shanghai and Shenzhen, made descriptive statistical analysis and correlation analysis on it with spass20.0 statistical software, and discussed the relation between equity structure and performance of listed companies. The research finds that: Chinese listed companies for building industry still have relatively high equity concentration, imperfect internal governance mechanism and poor equity restriction. The effect of “bargaining” is difficultly developed to promote the growth of performance. China shall further strengthen the efforts to control, spur listed companies to reinforce the internal management, and optimize the equity structure to ensure the effective balance, with the purpose of accelerating the healthy and sustainable development of listed companies and safeguarding the interests of medium-small investors.


Author(s):  
Olajide Solomon Fadun

<p><em>Corporate governance is relevant in both developed and emerging economies. The study investigated the impact of corporate governance on organisational performance, using thirty (30) randomly selected listed companies in the Nigeria Stock Exchange (NSE) in the year 2016. The study focused on three corporate governance variables (i.e., Board Size, Board Independence, CEO Duality/Tenure); and two performance variables - i.e., Returns on Asset (ROA) and Returns on Equity (ROE). The study does not cover the market measure performance variable of Tobin’s Q. The study is an empirical research, with analytical research design. Secondary data, extracted from published annual reports of selected quoted companies and NSE website, is used for the study. The findings revealed a positive correlation between board size, independence directors, and performance variables; but, showed a negative correlation between CEO tenure and performance variables. The result showed that number of directors was not positively related to performance in selected quoted companies in terms of ROA; but, it revealed a positive correlation between board size and performance in terms of ROE. It also showed that the correlation between CEO tenure and performance variables was negative on the two performance variables (ROA and ROE). Regarding relationship between CEO Duality and performance variables (ROA and ROE), the result showed that CEO Duality has a positive correlation with ROA; but had a negative relationship with ROE. Generally, the study revealed that adoption of sound corporate governance practices by listed companies can improve their performance. Companies can benefit from this improved corporate governance practices by way of increased investment from investors and reduced capital cost. Shareholders confidence would be enhanced with attendant improvement in shareholders wealth. The nation’s economy would also benefit from sound corporate governance practices by way of improved GDP. </em></p>


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