Impact of Corporate Governance on the Financial Performance and Market Valuation: An Empirical Study of Indian Manufacturing Sector

2018 ◽  
Vol 10 (1) ◽  
pp. 1
Author(s):  
Karam Pal Narwal ◽  
Sonia Jindal
GIS Business ◽  
2017 ◽  
Vol 12 (4) ◽  
pp. 47-52
Author(s):  
Karam Pal Narwal ◽  
Sonia Jindal

The paper empirically examines the impact of corporate governance on the cash holding of the firms. The components of corporate governance are measured by board size, board meeting, audit committee members, directors remuneration and non executive directors and the cash holding is measured with the log of average cash and size is taken as control variable for the control effect on the dependent variables. Moreover, correlation and panel regression model were employed to examine the relationship between the corporate governance and cash holding. Empirical data was collected from 96 firms over the period of 2004-05 to 2013-14. The results show that directors remuneration and the number of audit committee members positively influence the cash holding and the board size also positively influences the cash holding whereas, the non executive directors and the board meetings do not play any role in enhancing the cash holding.


Author(s):  
Deepak Singhal ◽  
Aneesh Kuruvilla ◽  
Biswajit Mohapatra ◽  
Sushnata Tripathy

2006 ◽  
Vol 1 (1) ◽  
pp. 83-111 ◽  
Author(s):  
Chong-En Bai ◽  
Qiao Liu ◽  
Joe Lu ◽  
Frank M. Song ◽  
Junxi Zhang

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