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Copernican Journal of Finance & Accounting

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

Authors

  • Atul Bansal University of Bahrain https://orcid.org/0000-0002-7083-9413
  • Durga Prasad Samontaray King Saud University https://orcid.org/0000-0003-3092-2084
  • Rahul Kumar Jaypee University Anoopshahr https://orcid.org/0000-0002-4024-5278

DOI:

https://doi.org/10.12775/CJFA.2023.009

Keywords

ROA, leverage, FP, CG, banks, GCC

Abstract

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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Copernican Journal of Finance & Accounting

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Published

2024-01-21

How to Cite

1.
BANSAL, Atul, PRASAD SAMONTARAY, Durga and KUMAR, Rahul. The Impact of Corporate Governance (CG) on Firm Performance: Evidence from Emerging Countries Banking Industry. Copernican Journal of Finance & Accounting. Online. 21 January 2024. Vol. 12, no. 2, pp. 27-46. [Accessed 19 May 2025]. DOI 10.12775/CJFA.2023.009.
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Vol. 12 No. 2 (2023)

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