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Corporate Governance and Company Performance- A Study With Reference To Manufacturing Firms In India
(Summary)
In this work an attempt is made to study the impact of corporate governance in the determination
of firm value in the manufacturing firms in India. The purposing sampling method was adopted
while choosing the sample firms that are listed in Bombay Stock Exchange (BSE). Out of 6000
firms listed in BSE, banking, insurance, financial firms were excluded as they are governed
different bodes and their accounts and differently structured. Foreign firms, companies acquired
during the period of investigation were also excluded, so the researchers choose a sample of
1732 firms and the relevant data were collected during the period 2001 to 2010. The data were
analyzed using a multiple regression analysis to identify the factors that affect firm value. It is
found that the firm value is significantly affected by the corporate governance variables for
manufacturing firms.
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Comments / Suggestions / Inputs may please be forwarded to:
The Executive Director
National Foundation for Corporate Governance
E-mail : ed.nfcg@cii.in
Shalini Budathoki
Director (CII), NFCG
E-mail : shalini.budathoki@cii.in
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