000			03833nam a22003257a 4500
003			KOHA
005			20240219120951.0
008			240219d2023 cy d|||| m||| 00| 0 eng d
040			_aCY-NiCIU _beng _cCY-NiCIU _erda
041			_aeng
090			_aYL 3191 _bS94 2023
100	1		_aSwen, Zechariah K.
245	1	0	_aFIRM PERFORMANCE AND CORPORATE GOVERNANCE. EVIDENCE FROM SOUTH AFRICAN COUNTRIES: CASE STUDY OF SOUTH AFRICA / _cZECHARIAH K. SWEN; SUPERVISOR: ASST. PROF. DR. MURAD ABDURAHMAN BEIN
264			_c2023
300			_axi, 71 sheets: _btables; _c30 cm. _eIncludes CD
336			_2rdacontent _atext _btxt
337			_2rdamedia _aunmediated _bn
338			_2rdacarrier _avolume _bnc
502			_aThesis (MSc) - Cyprus International University. Institute of Graduate Studies and Research Accounting and Finance Department
504			_aIncludes References (sheets 66-71)
520			_aABSTRACT The corporate governance (CG) structure and its effectiveness is a very crucial part of the success of every firm. Firms with excellent CG experience more effective performance matched to the ones with poor corporate governance. How CG impacts the utility of finance data in SA remains largely unclear despite significant recent advances in this area. This study therefore explores the impact of CG on firm performance (FP). The specific objectives are to ascertain how corporate governance factors like board size, CEO duality, board independence, firm size, financial leverage, and firm age affect the FP of firms. This study utilized a secondary method of data collection, using the integrated annual report of 10 firms listed in JSE, under the financial sector, covering from 2013 to 2022. The DV is firm performance (ROA & ROE), while the IV is CG metric. To weigh the connection amongst the variables, the study adopted a panel and pooled method of data analysis, using GLS regression, correlation, and random effect method. After critically conducting the test, the regression showed that CEO duality was seen to possess a significant and negative connection with ROE. Firm size and firm age also reported a significant negative connection with ROE. Financial leverage was negative and insignificant with ROE, while board independence alongside board size was positive but insignificant with ROE. For ROA, firm size and financial leverage showed a significant positive connection. CEO duality, firm age, board size, and board independence all reported a negative and insignificant connection with ROA. In general, model 1 was positively significant at R-square = 0.6834 and Prob – chi2 = 0.000. The model 2 was also positively significant at R-square = 0.3435 and Prob – chi2 = 0.000. From results, we finalize that a positive significant connection exists between CG and FP. It is recommended that regulatory bodies vigorously employ their oversight powers to ensure that all CG laws are strictly adhered to. The paper recommends that businesses promote and allow for more independence of directors to boost their CG structure and performance. The analysis concludes with a call for additional investigation of JSE listed companies. Keywords: Board Independence, Board Size, CEO Duality, Corporate Governance, Financial Leverage, Firm Performance, Firm Size, Firm Age, Good Governance, Return on Assets, Return on Equity, South Africa
650		0	_aBoard Independence _vDissertations, Academic
650		0	_aBoard Size _vDissertations, Academic
650		0	_aCEO Duality _vDissertations, Academic
650		0	_aCorporate Governance _vDissertations, Academic
650		0	_aFinancial Leverage _vDissertations, Academic
650		0	_aFirm Performance _vDissertations, Academic
700	1		_aBein, Murad Abdurahman _esupervisor
942			_2ddc _cTS
999			_c292198 _d292198