Corporate Governance and Financial Performance: A Cross-Sectional Study based on Nifty 50 Companies
DOI:
https://doi.org/10.31305/rrijm.2025.v10.n12.023Keywords:
Corporate Governance, Financial Performance, Nifty 50, Board Diversity, Board Independence, Promotor OwnershipAbstract
Due to rising financial scams around the world, corporate governance has got prominence and has become one of the important aspects treated on par with financial information while evaluating an investment. The present study is an effort in examining the relationship between corporate governance and financial performance of Nifty 50 companies using the data for a period of one year from April 1, 2024 to march 31, 2025. The study considered return on equity (ROE) and return on asset (ROA) as proxies for financial performance. Independent sample T-test and linear regression techniques were used for data analysis. The analysis revealed insignificant relationship between corporate governance and financial performance.
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This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.
This is an open access article under the CC BY-NC-ND license Creative Commons Attribution-Noncommercial 4.0 International (CC BY-NC 4.0).
