The impact of corporate governance on firm performance and financial stability
Keywords:
corporate governance, firm performance, financial stability, governance mechanisms, executive compensation, shareholder rights, risk management, control mechanisms, transparency, disclosure, auditing, internal controls, agency theory, stewardship theory, resource dependency theory, policy implications, regulatory frameworks, best practices.Abstract
This article examines the relationship between corporate governance and business performance, with a separate
analysis of how it affects a firm's performance and financial stability. The study examines the theoretical foundations
of the relationship and provides an overview of corporate governance procedures. The results suggest the importance of
corporate governance procedures for improving business performance and reducing financial risks. Practical implications
for improving the corporate governance system are discussed.
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Published
2024-03-30
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