dc.contributor.author | Munisi, Gibson | |
dc.contributor.author | Randøy, Trond | |
dc.date.accessioned | 2013-11-18T09:31:57Z | |
dc.date.available | 2013-11-18T09:31:57Z | |
dc.date.issued | 2013 | |
dc.identifier.citation | Gibson, M., & Trond, R. Corporate governance and company performance across Sub-Saharan African countries. Journal Of Economics and Business | no_NO |
dc.identifier.uri | http://hdl.handle.net/11250/136048 | |
dc.description | Accepted version of an article from Journal of Economics and Business | no_NO |
dc.description.abstract | This paper examines the extent to which publicly listed companies across Sub-Saharan African countries have adopted “good corporate governance” practices. We investigate the association of these practices with companies’ accounting performance and market valuation. The findings indicate that companies across Sub-Saharan Africa have only partly implemented good corporate governance practices. We find a positive association between our constructed index of good corporate governance practices and accounting performance. However, we find a negative association between the corporate governance index and the market valuation. When the sub-indices are considered, we find that only the board of directors and the audit committee sub-indices are associated positively and significantly with accounting performance. However, we find that only the audit committee sub-index is associated negatively and significantly with market valuation. | no_NO |
dc.language.iso | eng | no_NO |
dc.publisher | Elsevier | no_NO |
dc.subject | Corporate governance index | no_NO |
dc.subject | Company performance | no_NO |
dc.subject | Sub-Saharan Africa | no_NO |
dc.title | Corporate governance and company performance across Sub-Saharan African countries | no_NO |
dc.type | Journal article | no_NO |
dc.type | Peer reviewed | no_NO |
dc.subject.nsi | VDP::Social science: 200::Economics: 210::Business: 213 | no_NO |
dc.source.journal | Journal of Economics and Business | no_NO |
dc.identifier.doi | doi:10.1016/j.jeconbus.2013.08.003 | |