Evaluating Governance Structures in Financial Sector

Abstract

Corporate governance has been acknowledged as critical element for creating an attractive investment climate and for efficient financial markets and is treated as a matter of regulatory compliance (Maheshwari, Maheshwari and Maheshwari, 2011). The main aim of the study is to study the corporate governance practices of selected companies in Banking and Financial Institutions and to find out the relationship between corporate governance and corporate performance of 10 listed banking and financial institutions. Various variables like Independent Variables, Dependent variables and Control variables were used for the study. It was found that some variables like ROA, ROCE, P/E and EPS has positive relation with independent variables while net profit margin has negative relation with independent variables.