Corporate governance and performance in turnaround: A synthetic index

Corporate governance and firm performance

Available online 4 April 2008 How is corporate governance measured? What is the relationship between corporate governance and performance? This paper sheds light on these questions while taking into account the endogeneity of the relationships among corporate governance, corporate performance, corporate capital structure, and corporate ownership structure. We make three additional contributions...

Introducing a Model to Measure the Corporate Governance Index in Usury-Free Banking

Good implementation of corporate governance principles is considered as an important component for stability and soundness of a financial institution. An extensive body of literature has reviewed the effects of corporate governance on the performance of corporations. The majority of these studies have found more corporate values for implementing the principles. Therefore, the assessment of comp...

Performance shocks, turnaround strategies and corporate recovery: Evidence from Australia

Using a sample of Australian firms, we document improvements in operating performance following performance shocks. These improvements result in part from turnaround strategies adopted by management. Evidence suggests that changes made to leverage and operating expenses result in a negative contemporaneous effect on performance improvement. The adjustments made to working capital (revenue growt...

Examining the Relationship between Corporate Governance and the Corporate Performance Valuation

The aim of this study was to investigate the relationship between corporate governance characteristics and valuation of the firm's performance in Iran. After designing performance evaluation indexes, information of transactions made during the five-year study from 2011 to 2015 from the Stock Exchange were collected and the sample consists of 129 companies was selected by systematic elimination ...

Corporate governance and environmental performance and disclosures