Corporate governance mechanisms and firm performance lessons from India / [electronic resource] :
- 作者: Singh, Shveta.
- 其他作者:
- 其他題名:
- India studies in business and economics.
- 出版: Singapore : Springer Nature Singapore :Imprint: Springer
- 叢書名: India studies in business and economics,
- 主題: Corporate governance--India. , Organizational effectiveness. , Corporate Governance. , Business Strategy and Leadership. , Organization. , Regulation and Industrial Policy.
- ISBN: 9789811924606 (electronic bk.) 、 9789811924590 (paper)
- FIND@SFXID: CGU
- 資料類型: 電子書
- 內容註: Chapter 1: Introduction -- Chapter 2: Evolution of Corporate Governance in India -- Chapter 3: Research Methodology -- Chapter 4: Corporate Governance Mechanisms and Firm Performance -- Chapter 5: Performance Enhancement Effect of Board Independence -- Chapter 6: Constraints Diluting the Effectiveness of Board Independence -- Chapter 7: Concluding Observations.
- 摘要註: 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.
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讀者標籤:
- 系統號: 005514019 | 機讀編目格式
館藏資訊
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.