000 02334nam a2200217 4500
999 _c52728
_d52728
003 OSt
005 20191022165011.0
008 191022b ||||| |||| 00| 0 eng d
100 _aKumar, Naresh
_934862
245 _aDoes Corporate Governance Affect Bank Performance? Empirical Evidence from India
300 _a7-24 p.
520 _aThe performance of corporates is a vital concept that relates to the paths and manners in which financial and non-financial resources available to a firm are shrewdly used to accomplish the overall objective of a firm. The comprehensive motive of good governance of corporates is amplification of investors' confidence in the economy of a country. The aim of the present study was to assess the impact of corporate governance (practices) on performance of selected banks. Using a non-binary approach, unweighted index was constructed for the present study. Trichotomous approach was followed to quantify each sub-variable of corporate governance. All scheduled public sector banks, which were listed on BSE as well as NSE as on April 01, 2014 were selected. The study used secondary data, which were obtained from government publications, respective banks' websites, corporate governance reports, and annual reports of selected banks. Prowess database, Capitaline Plus database, and Indian Boards database were also used to assemble the data. The data were put together for a period of 10 financial years from 2006-07 to 2015-16. The panel data were analyzed through STATA Software by using descriptive statistics and econometric models, that is, pooled ordinary least squares, fixed-effects, and random-effects models. Test for normality, test for multicollinearity, test for heteroskedasticity, test for serial correlation, Hausman test, and LM test were also carried out for the present study. The study found that corporate governance had a significant role in determining the basic earnings per share; whereas, corporate governance did not significantly influence the performance measure Tobins'Q.
653 _aCorporate Governance, ,
653 _aEconometric
653 _aFEM.
653 _aOLS
653 _aREM
700 _aSudesh
_934863
773 0 _030328
_974301
_aGILANI, MEENAKSHI
_dGILANI MEENAKSHI NEW DELHI
_o55510152
_tPRABANDHAN
_z0975-2854
942 _2ddc
_cJA-ARTICLE