Influence Of Various Corporate Governance Practices On Corporate Performance - A Study With Respect To Information Technology Industry
Keywords:
Corporate Governance, Executive Remuneration, Corporate Governance Practices, Sustainability initiative, Ethical behavior, Corporate Performance.Abstract
The present study on corporate governance deals with the rules, practices, and processes by which a company is directed and controlled. It comprehends the relationships among a company's board of directors, management, shareholders, and other stakeholders. This study was conducted among the managerial cadre employees of the organizations where they follow corporate governance practices. With 396 samples, identified through systematic random sampling method from the information technology companies situated in Chennai and Bangaluru, the study is conducted with the help of a well-structured questionnaire. Result of the study show that the independent variables taken for the study transparency and disclosure compliances, board composition, independence and governance, employee involvement, ethical behavior, sustainability initiative, utilization of IT, effective board and CEO operations, and executive remunerations significantly and positively influence dependent variable corporate performance individually.
