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The Relationship between Corporate Governance and Value of the Firm in Developing Countries: Evidence from Bangladesh

Journal of Economics and Business Research

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Field Value
 
Title The Relationship between Corporate Governance and Value of the Firm in Developing Countries: Evidence from Bangladesh
 
Creator Rouf, Abdur
 
Description This paper aimed to examine the relationship between four corporate governance mechanisms (board size, board independent director, chief executive officer duality and board audit committee) and value of the firm (performance) measures (return on assets, ROA and return on equity, ROE). The paper is based on a sample of 93 listed non-financial companies in Dhaka Stock Exchanges (DSE) 2006. Using OLS as a method of estimation, the results provide evidence of a positive significant relationship between ROA and board independent director as well as chief executive officer duality. The results further reveal a positive significant relationship between ROE and board independent director as well as chief executive officer duality. The study, however, could not provide a significant relationship between the value of the firm measures (ROA and ROE) and board size and board audit committee.
 
Publisher Journal of Economics and Business Research
 
Contributor —
 
Date 2014-11-04
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
 
Format application/pdf
 
Identifier http://www.uav.ro/jour/index.php/jebr/article/view/344
 
Source Journal of Economics and Business Research; Vol 18, No 1 (2012): J of Economics & Busniss Research; 73 - 85
2069-9476
2068-3537
 
Language eng
 
Relation http://www.uav.ro/jour/index.php/jebr/article/view/344/pdf_108