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Journals / Muhasebe Bilim Dünyası Dergisi / 2022 / Cilt: 24 - Sayı: 3

THE RELATIONSHIP BETWEEN CORPORATE GOVERNANCE AND FINANCIAL PERFORMANCE: A LITERATURE REVIEW

KURUMSAL YÖNETİM VE FİNANSAL PERFORMANS İLİŞKİSİ: ULUSLARARASI LİTERATÜR TARAMASI (2000-2019)

Şerafettin ARSLAN
Ebru SAYGILI
Pages
641–676
Publication Date
2022-10-19
DOI
—
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AI Summary & Key Takeaways

AI Insight
⚡ TL;DR(Too Long; Didn't Read)

Current international studies focus mostly on the favorable effect of corporate governance on financial performance.

📌 3 Key Takeaways

🎯
Objective & Hypothesis:In recent years, a growing number of academic papers have examined the impact of corporate governance on financial performance.
📊
Key Findings & Data:The aim of this literature review is to observe and compare the structural and conceptual changes that have occurred over time to examine the relationship between corporate governance and financial performance.
💡
Conclusion & Impact:Current international studies focus mostly on the favorable effect of corporate governance on financial performance.
🔬Design:Review & Systematic Survey
📍Scope:2000 Verileri
⚙️Variables:Kurumsal Yönetim · Finansal Performans · Literatür Taraması

Abstract

In recent years, a growing number of academic papers have examined the impact of corporate governance on financial performance. The aim of this literature review is to observe and compare the structural and conceptual changes that have occurred over time to examine the relationship between corporate governance and financial performance. In this study, international academic studies examining the relationship between corporate governance and financial performance between 2000 and 2019 were reviewed. According to the study findings, the most commonly used financial performance indicators are return on assets and Tobin's Q, and panel data analysis is the most preferred method. Current international studies focus mostly on the favorable effect of corporate governance on financial performance.

Özet

Son yıllarda giderek artan sayıda akademik araştırma kurumsal yönetimin finansal performansa olan etkisini incelemektedir. Bu literatür taramasının amacı, kurumsal yönetim ile finansal performans arasındaki ilişkinin incelenmesine yönelik zaman içinde gerçekleşen yapısal ve kavramsal değişikliklerin gözlemlenebilmesi ve karşılaştırılabilmesidir. Bu çalışmada, 2000 ile 2019 yılları arasında kurumsal yönetim ile finansal performans arasındaki ilişkiyi inceleyen uluslararası akademik çalışmalar taranmıştır. Çalışma bulgularına göre en çok kullanılan finansal performans göstergeleri aktif karlılığı ve Tobin’s Q, en çok tercih edilen yöntem ise panel veri analizidir. Mevcut uluslararası çalışmalar ağırlıklı olarak kurumsal yönetimin finansal performans üzerindeki olumlu etkisini vurgulamaktadır.

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Cite This Article

ARSLAN, Ş., SAYGILI, E. (2022). THE RELATIONSHIP BETWEEN CORPORATE GOVERNANCE AND FINANCIAL PERFORMANCE: A LITERATURE REVIEW. Muhasebe Bilim Dünyası Dergisi, Cilt: 24 - Sayı: 3, 641–676. https://ajindex.com/articles/582033

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