A dynamic estimation of governance structures and financial performance for Singaporean companies

2018 ◽  
Author(s):  
Nirosha Hewa Wellalage ◽  
Stuart Locke
2021 ◽  
Vol 2 (4) ◽  
pp. 305-319
Author(s):  
Alhassan Musah ◽  
Mavis Yaa Adutwumwaa

Purpose: The study examined the influence of various corporate governance structures such as board size, board independence, board gender diversity and CEO duality on the financial performance of rural banks in Ghana. Research methodology: The study collected secondary data from the annual report of 30 rural banks for a 10-year period spanning 2010 to 2019. The data was coded into excel and exported into STATA where descriptive statistics, correlation analysis and regression analysis were adopted to answer the research questions. Results: The result shows that there was a positive but statistically insignificant association between CEO duality and ROA and ROE. The study further reveals a positive association between board size and ROA and ROE even though that of ROA was statistically insignificant. Also, board independence was found to be a significant determinant of rural bank financial performance In addition to the above, the study reported a negative association between gender diversity on the boards of the rural bank and ROA and ROE and both associations were statistically significant. Limitations: As a result of the lack of publicly available data on rural banks in Ghana, the study relied on only 30 out of the over 100 rural banks currently operating across the country. Contribution: The result of the study will help the Bank of Ghana and the ARB Apex Bank in their formulation of an appropriate corporate governance framework for rural banks in Ghana and enlighten managers of rural banks on corporate governance structures that enhance their financial performance in Ghana. Keywords: Corporate governance, Rural banks, Return on Assets, Return on Equity, Ghana


2016 ◽  
Vol 7 (2) ◽  
pp. 112-140 ◽  
Author(s):  
Nguyen Van Tuan ◽  
Nguyen Anh Tuan

A cross-country comparative analysis of corporate governance structures and financial performance of publicly listed companies in Singapore and Vietnam, covering a four-year period from 2008 to 2011, is undertaken in this study. More specifically, the similarities and differences in the corporate governance structures and financial performance of the companies are compared and interpreted in the institutional context of each market. On an average basis, we find that the size, composition and diversity of the boards in these two markets are statistically significantly different. In contrast, there is no statistical evidence to reject the similarities in ownership structure, board leadership structure, and financial performance between the firms of the two markets. In addition, our comparative analysis on the corporate governance structures–financial performance nexus also reveals that the performance effects of corporate governance structures vary significantly between the two markets, thus supporting the view that the performance effects of corporate governance structures are country-specific. Our findings suggest that country-level characteristics should be captured when modelling the corporate governance–firm performance relationship in cross-country comparative corporate governance research.


2019 ◽  
Vol 3 (1) ◽  
pp. 25-41 ◽  
Author(s):  
José Vaz Ferreira

This study aims to investigate the constraints of corporate governance structures, in the context of cooperative banking. That is, it will try to identify the factors that are the basis of the practice of corporate governance of cooperative banking, such as organizational performance, relationships of trust on the part of customers and the community in general, the image of the competition and to the regulator and the remuneration of the management team. In order to test the hypotheses, a questionnaire was carried out with the administration of the different cooperative banks, obtaining a sample of 58 banks, representing 67% of the total universe. The results point to the existence of a causal relationship between financial performance and corporate governance practices, specifically at the level of cooperative rights and at the level of relationship with clients, society and fiscal council activity. With the adoption of cooperative governance practices, the relationship between the return of cooperators and these practices has not been proven, the same happened with the relationship between the remuneration of managers and the adoption of these practices.


2019 ◽  
Vol 56 (5) ◽  
pp. 1553-1580 ◽  
Author(s):  
Robert Sroka

This article evaluates the revenue performance failings of the Yum! Center, a sports arena in Louisville, with the primary objective of explaining how a flawed deal arose in the first place. While the literature addressing public subsidization of sports facilities primarily contemplates economic impact underperformance, Louisville provides an extreme instance of failed financial performance leading to a bailout. The revenue challenges, arising from sales-tax increment financing and the lease agreement, link the arena to a wider literature on megaproject underperformance, characterized by three primary threads: rent-seeking, governance structures, and project cultures. This article evaluates the Yum! Center through representative lenses from each of these threads before offering key lessons for future projects.


PRODUCTIVITY ◽  
2019 ◽  
Vol 60 (1) ◽  
pp. 70-78
Author(s):  
PREETI . ◽  
◽  
Dr. Kuldip Singh Chhikara ◽  

2018 ◽  
Vol 26 (1) ◽  
pp. 95-111
Author(s):  
Sulastiningsih Sulastiningsih ◽  
Rizka Imanita Sholihati

This study aims to determine whether the financial performance measured by using CAR, ROA, LDR, BOPO, and CSR can affect the value of banking companies as measured by using PBV. This study uses secondary data taken from the annual report of banking companies during the year 2012-2016 listed on the Indonesia Stock Exchange. The number of samples of this study as many as 25 banking companies with a total of 125 data. This research method is quantitative research. The results of this study indicate the effect of CAR, ROA, LDR, BOPO, and CSR variables on firm value measured by using PBV in a banking company listed on the Indonesia Stock Exchange. Keywords: CAR, ROA, LDR, BOPO, CSR, PBV


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