Corporate Governance Mechanisms and Firm Performance
Lessons from India
Monika Singla author Shveta Singh author
Format:Hardback
Publisher:Springer Verlag, Singapore
Published:13th May '22
Should be back in stock very soon
This hardback is available in another edition too:
- Paperback£109.99(9789811924620)
This book begins by analysing the various corporate governance mechanisms explored in the extant literature and determining their effectiveness in enhancing the firm value using multivariate analysis. The findings are of global relevance as the corporate governance regulations of most countries focus on independent directors as the mainstay of good governance. The empirical evidence from the first objective of this study corroborates the claim that independent directors do not strengthen the firms’ governance quality. The book is one of the few works to have analysed the possible reasons behind the ineffectiveness of the independent directors. Also, in view of the famous concept of the bundle of governance mechanisms, it might be possible that the independent directors strengthen the firms’ governance quality indirectly by strengthening other governance mechanisms. This aspect too has little precedence. This study adopts a novel moderation and mediation approach to analyse the monitoring behaviour of independent directors in relation to other governance mechanisms. The work is a must read for corporate players as well as researchers and scholars studying this discipline.
ISBN: 9789811924590
Dimensions: unknown
Weight: unknown
181 pages
1st ed. 2022