The Impact of Corporate Governance (CG) on Firm Performance: Evidence from Emerging Countries Banking Industry

The aim of the study to find if there is an impact caused by corporate governance (CG) on the firm performance (FP) using ROA as a measure. The study covered the listed 9 commercial banks in the Kuwait Stock Exchange. The period covered in this study is 10 years starting from 2011 until 2020. The s...

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Main Authors: Atul Bansal, Durga Prasad Samontaray, Rahul Kumar
Format: Article
Language:English
Published: Nicolaus Copernicus University in Toruń 2024-01-01
Series:Copernican Journal of Finance & Accounting
Subjects:
Online Access:https://apcz.umk.pl/CJFA/article/view/48225
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author Atul Bansal
Durga Prasad Samontaray
Rahul Kumar
author_facet Atul Bansal
Durga Prasad Samontaray
Rahul Kumar
author_sort Atul Bansal
collection DOAJ
description The aim of the study to find if there is an impact caused by corporate governance (CG) on the firm performance (FP) using ROA as a measure. The study covered the listed 9 commercial banks in the Kuwait Stock Exchange. The period covered in this study is 10 years starting from 2011 until 2020. The study used the number of members of the board of directors (BoD), role duality of CEO and chairperson of the BoD and the number of women in the board of director as variables representing the CG. The data was processed and analyzed properly using regression model. The study concludes that there is significant relationship between (CG) and firm performance. Moreover, the variables of CG all have insignificant relationship with the ROA. Furthermore, the bank size which represent the total assets have significant positive relationship with the ROA. The researchers faced several limitations during the preparation of the study, a handful suggestions has been given for future researchers to overcome the limitation.
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spelling doaj.art-44660d3acb4842f697c8e7a81a2b5b9f2024-01-24T11:50:36ZengNicolaus Copernicus University in ToruńCopernican Journal of Finance & Accounting2300-12402300-30652024-01-0112210.12775/CJFA.2023.009The Impact of Corporate Governance (CG) on Firm Performance: Evidence from Emerging Countries Banking IndustryAtul Bansal0Durga Prasad Samontaray1Rahul Kumar2University of BahrainKing Saud UniversityJaypee University Anoopshahr The aim of the study to find if there is an impact caused by corporate governance (CG) on the firm performance (FP) using ROA as a measure. The study covered the listed 9 commercial banks in the Kuwait Stock Exchange. The period covered in this study is 10 years starting from 2011 until 2020. The study used the number of members of the board of directors (BoD), role duality of CEO and chairperson of the BoD and the number of women in the board of director as variables representing the CG. The data was processed and analyzed properly using regression model. The study concludes that there is significant relationship between (CG) and firm performance. Moreover, the variables of CG all have insignificant relationship with the ROA. Furthermore, the bank size which represent the total assets have significant positive relationship with the ROA. The researchers faced several limitations during the preparation of the study, a handful suggestions has been given for future researchers to overcome the limitation. https://apcz.umk.pl/CJFA/article/view/48225ROAleverageFPCGbanksGCC
spellingShingle Atul Bansal
Durga Prasad Samontaray
Rahul Kumar
The Impact of Corporate Governance (CG) on Firm Performance: Evidence from Emerging Countries Banking Industry
Copernican Journal of Finance & Accounting
ROA
leverage
FP
CG
banks
GCC
title The Impact of Corporate Governance (CG) on Firm Performance: Evidence from Emerging Countries Banking Industry
title_full The Impact of Corporate Governance (CG) on Firm Performance: Evidence from Emerging Countries Banking Industry
title_fullStr The Impact of Corporate Governance (CG) on Firm Performance: Evidence from Emerging Countries Banking Industry
title_full_unstemmed The Impact of Corporate Governance (CG) on Firm Performance: Evidence from Emerging Countries Banking Industry
title_short The Impact of Corporate Governance (CG) on Firm Performance: Evidence from Emerging Countries Banking Industry
title_sort impact of corporate governance cg on firm performance evidence from emerging countries banking industry
topic ROA
leverage
FP
CG
banks
GCC
url https://apcz.umk.pl/CJFA/article/view/48225
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AT durgaprasadsamontaray theimpactofcorporategovernancecgonfirmperformanceevidencefromemergingcountriesbankingindustry
AT rahulkumar theimpactofcorporategovernancecgonfirmperformanceevidencefromemergingcountriesbankingindustry
AT atulbansal impactofcorporategovernancecgonfirmperformanceevidencefromemergingcountriesbankingindustry
AT durgaprasadsamontaray impactofcorporategovernancecgonfirmperformanceevidencefromemergingcountriesbankingindustry
AT rahulkumar impactofcorporategovernancecgonfirmperformanceevidencefromemergingcountriesbankingindustry