The Corporate Governance Puzzle: Putting the Pieces Together for Improved Firm Performance

Autor: Ugwoke, R. O., Egiyi, M. A.
Rok vydání: 2023
Předmět:
DOI: 10.5281/zenodo.7882795
Popis: The study's objective was to examinethe relationship betweencorporate governance and firmperformance in Nigerian publiclytraded enterprises. Ex post facto research was used in the study to analyse data from 20 manufacturinglisted companies. The data, which spans the years 2010 through 2020, was evaluated using System GMM (Generalised Method of Moments). Profit margin and return on asset were used to measure firm performance. The study's findings demonstrated that corporate governance metrics (such as board size, audit committee size, and audit quality)have a significantimpact on a company's profitability. Therefore, the findings suggest, among other things, that the government and the pertinent authorities create legislation on institutional and governmental ownership to serve as a regulator and, in the long run, improve corporate performance.
Databáze: OpenAIRE