firm performance: evidence

There is ongoing interest in the area of corporate governance. published research into corporate governance and on U.S. firms and others in developed countries. Less attention has been devoted to firms in emerging markets. This research investigates the relationship between the and some characteristics of corporate governance governance variables were selected in view of alternative hypotheses regarding board structure and financial performance. This study finds that board size creates better opportunities performance. An excessively autonomous board (high proportion of independent directors) lowers performance. The situation of CEO synergies in financial performance