Influence from Transparency/corporate Governance on the Profitability and the Share Price PDF Download

Author: Maarten Boerman
Publisher:
ISBN:
Category :
Languages : en
Pages : 34

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Author: Neha Kumar
Publisher:
ISBN:
Category :
Languages : en
Pages :

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Corporate Governance is an act or manner of governing a company. It aims at promoting fairness, transparency and accountability of an entity. This paper attempts to study the extent to which the BSE 100 listed firms are following the corporate governance guidelines that are mandatory for the firms to adopt. Also the effect of corporate governance on the profit, return on equity and return on capital employed of the company is analyzed for the year 2015. The paper also aims to study the impact of financial variables on the company's profitability by way of stepwise regression analysis. The results of the study show that earnings per share, leverage, net worth, size of the company and share price are more or less the major factors that significantly impact the return and profit-earning capacity of any company. From the models, it is clear that with better corporate governance scores, firms can achieve greater returns on their capital invested. The results also state that 73% of the companies in the sample abide by all the regulations of the corporate governance. With the revision of corporate governance guidelines in terms of scope of independent directors, whistleblower policy, disclosure requirements and many more, other firms are also working towards achieving better scores and thus churning more profits.

Author: Asian Development Bank
Publisher: Asian Development Bank
ISBN: 9292616919
Category : Business & Economics
Languages : en
Pages : 99

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This study examines 73 publicly listed companies in the Philippines to determine the relationship between the quality of corporate governance practices and company performance. It concludes that as a company's corporate governance practices improve, there is likely to be positive and significant impacts on its market capitalization, market valuation, and profitability. The study was jointly conducted by the Asian Development Bank, the Institute of Corporate Directors, and the University of Asia and the Pacific.

Author: OECD
Publisher: OECD Publishing
ISBN: 9264179542
Category :
Languages : en
Pages : 91

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This publication examines the role of corporate governance arrangements in providing right incentives to contribute the value creation process within the private enterprises and the implications of the differences in ownership structures on corporate governance practices and frameworks.

Author: OECD
Publisher: OECD Publishing
ISBN: 9264173706
Category :
Languages : en
Pages : 42

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These principles of corporate governance, endorsed by the OECD Council at Ministerial level in 1999, provide guidelines and standards to insure inclusion, accountability and abilit to attract capital.

Author: Lars Oxelheim
Publisher: Oxford University Press
ISBN: 0195335740
Category : Business & Economics
Languages : en
Pages : 255

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Macroeconomic turbulence and volatility in financial markets can fatally affect a firm's performance. Very few firms make serious attempts to inform market participants and other outsider stakeholders about the impact of macroeconomic fluctuations, and, worse, top management in most firms cannot differentiate between when a change in performance is due to a change in the firm's intrinsic competitiveness or a reflection of macroeconomic conditions outside their influence. Corporate Decision-Making with Macroeconomic Uncertainty: Performance and Risk Management develops and presents in an easily comprehensible way the essential elements of a corporate strategy for managing uncertainty in the macroeconomic environment. This Macroeconomic Uncertainty Strategy, or MUST, enhances firm value by allowing management and external stakeholders to become better informed about the development of corporate competitiveness in a turbulent macroeconomic environment. The MUST also provides guidelines for how to develop a successful risk management program.

Author: Frank J. Fabozzi
Publisher: John Wiley & Sons
ISBN: 0471488933
Category : Business & Economics
Languages : en
Pages : 1023

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Financial Management and Analysis, Second Edition covers many important financial topics that are neglected elsewhere--from raising funds via securitization to managing a financial institution. This book provides valuable insights into many major aspects of financial management and analysis, and includes expert advice, real-world examples, useful charts and graphs, and incisive end-of-chapter questions that help develop the skill set necessary to deal with the important financial problems encountered in today's business world.

Author: Jens Forssbaeck
Publisher: Edward Elgar Publishing
ISBN: 9781781950197
Category : Business & Economics
Languages : en
Pages : 0

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The dramatic evolution of financial markets in the 1980s and 1990s, accompanied by increasing institutional integration between nations (most notably in the EU), have fostered a widespread belief that governments - particularly those of small economies - have essentially lost the power to pursue sovereign, independent economic policies. At the same time, it is widely assumed that the loss of monetary-policy control is a major opportunity cost for a country adopting a rigid exchange-rate regime or, in the European context, for countries joining the EMU. This book sheds light on these arguments by examining the relationship between the international integration of domestic money markets and the degree of monetary-policy independence in eleven small, open economies in Europe. The authors address these important issues in the context of a broad-based historical analysis of market formation and growth, exchange-rate policies and deregulation. They find that political motives, in conjunction with competitive forces, path dependence and institutional factors, are a major determinant of market development. Moreover, they reveal that credible commitment to a stability goal is a far more reliable predictor of monetary-policy autonomy than the adoption of a specific exchange-rate regime. This accessible investigation of the relationship between domestic money-market development, international financial integration and the monetary-policy options available to small, open economies will be welcomed by students and researchers of macroeconomics, financial economics and political economy. The extensive empirical research and original conclusions will also be of interest and benefit to corporate decisionmakers, bankers, policymakers and regulators.

Author: Mr.J. D. Craig
Publisher: International Monetary Fund
ISBN: 155775697X
Category : Business & Economics
Languages : en
Pages : 50

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Transparency in government operations is widely regarded as an important precondition for macroeconomic fiscal sustainability, good governance, and overall fiscal rectitude. Notably, the Interim Committee, at its April and September 1996 meetings, stressed the need for greater fiscal transparency. Prompted by these concerns, this paper represents a first attempt to address many of the aspects of transparency in government operations. It provides an overview of major issues in fiscal transparency and examines the IMF's role in promoting transparency in government operations.

Author:
Publisher: Springer Nature
ISBN: 9464635088
Category :
Languages : en
Pages : 304

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