{"product_id":"corporate-governance-mechanisms-and-firm-performance-lessons-from-india-9789811924590","title":"Corporate Governance Mechanisms and Firm Performance: Lessons from India","description":"\u003cp\u003e\u003c\/p\u003e\u003cblockquote\u003eThis book examines the effectiveness of corporate governance mechanisms in enhancing firm value using multivariate analysis. It finds that independent directors do not strengthen the firms governance quality, and suggests that they may strengthen other governance mechanisms indirectly. The study adopts a novel moderation and mediation approach to analyze the monitoring behavior of independent directors. \u003c\/blockquote\u003e\u003cp\u003e\u003cstrong\u003eFormat\u003c\/strong\u003e: Hardback\u003cbr\u003e\u003cstrong\u003eLength\u003c\/strong\u003e: 181 pages\u003cbr\u003e\u003cstrong\u003ePublication date\u003c\/strong\u003e: 13 May 2022\u003cbr\u003e\u003cstrong\u003ePublisher\u003c\/strong\u003e: Springer Verlag, Singapore\u003cbr\u003e\u003c\/p\u003e \u003cp\u003e\u003cbr\u003eThis comprehensive book delves into the intricate realm of corporate governance, examining the diverse range of mechanisms explored in the existing literature and assessing their effectiveness in bolstering firm value through multivariate analysis. The findings hold significant global implications, as the corporate governance regulations of most countries prioritize independent directors as the cornerstone of good governance. The empirical evidence gathered from the first objective of this study supports the assertion that independent directors do not inherently enhance the governance quality of firms.\u003cbr\u003e\u003cbr\u003eIn an effort to unravel the reasons behind the ineffectiveness of independent directors, this book stands as one of the few works to have conducted such an analysis. Additionally, considering the renowned concept of the \"bundle of governance mechanisms,\" it is possible that independent directors indirectly strengthen firm governance quality by bolstering other governance mechanisms. This aspect, however, receives limited attention in the literature.\u003cbr\u003e\u003cbr\u003eThis study employs a novel moderation and mediation approach to examine the monitoring behavior of independent directors in relation to other governance mechanisms. This work is a valuable resource for corporate professionals, researchers, and scholars alike, as it sheds light on the critical aspects of corporate governance and provides valuable insights into the dynamics of boardroom decision-making.\u003c\/p\u003e\u003cp\u003e\u003cstrong\u003eWeight\u003c\/strong\u003e: 489g\u003cbr\u003e\u003cstrong\u003eDimension\u003c\/strong\u003e: 235 x 155 (mm)\u003cbr\u003e\u003cstrong\u003eISBN-13\u003c\/strong\u003e: 9789811924590\u003cbr\u003e \u003cstrong\u003eEdition number\u003c\/strong\u003e: 1st ed. 2022\u003c\/p\u003e","brand":"Shveta Singh,Monika Singla","offers":[{"title":"Hardback","offer_id":44102891471098,"sku":"9789811924590","price":102.47,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0522\/4297\/2845\/products\/1662164353772_book.jpg?v=1662414482","url":"https:\/\/shulphink.com\/products\/corporate-governance-mechanisms-and-firm-performance-lessons-from-india-9789811924590","provider":"Shulph Ink","version":"1.0","type":"link"}