The Influence of Financial Indicators, Corporate Governance and Macroeconomic Variables on Financial Distress

Impact of Corporate Governance on Financial Performance

The purpose of the study is to determine the structural relationship between corporate governance and financial performance. The study develops a model linking corporate governance and financial performance then verifies it through structural equation modeling based on partial least square. The study is based on random sample of all Karachi Stock Exchange listed companies. Data related to corpo...

Macroeconomic Fluctuations and Corporate Financial Fragility

Using a large sample of accounting data for non …nancial companies in France on the period 1990-2004, the paper studies the interactions between macroeconomic shocks and companies’…nancial fragility. We consider links in both directions, namely whether …rms’bankruptcies are a¤ected by macroeconomic variables, and whether bankruptcies determine the business cycle. We estimate forecasting equatio...

Directorate for Financial and Enterprise Affairs OECD Steering Group on Corporate Governance Paper: CORPORATE GOVERNANCE AND THE FINANCIAL CRISIS

Impact of Corporate Governance on Corporate Financial Performance

Corporate governance is the new buzz-word in corporate world these days. It is viewed as a moral duty. It involves promoting the compliance of law in letter and spirit and demonstrating ethical conduct. The relationship between corporate governance and financial performance has caught wide attention of researchers in the last decade. Numerous researches have been conducted in past to investigat...

The Mediation Effect of Financial Leverage on the Relationship between Ownership Concentration and Financial Corporate Performance

The purpose of this paper is examining the impact of financial leverage as a mediation variable on the relationship between ownership concentration and financial corporate performance. To test the hypotheses, multiple regression analysis is used. The statistical population of this research is all listed companies in Tehran Stock Exchange. However, data were available only for 60 companies durin...