Corporate Governance and firm Performance: A Study on listed Banks of Bangladesh

Md. Masud Ranain, Mohammad Shahidul Hoqu, Iehit Sharma


Corporate governance plays a major role in macroeconomic stability and provides the appropriate environment for economic growth as well as society welfare. Good corporate governance practices are important in reducing risks for investors, attracting investment capital and enhancing performance of firms. The aim of this paper is to observe the relationship between corporate governance and firm performance in banking industries of Bangladesh. This study gave attention to nine variables i.e.  Board Size, Board Composition, Board Ownership, Institutional Ownership, Foreign Ownership, Brand name of Audit firm, Quality of Audit Committee, Audit Committee Meeting and Gender are used to measure the corporate governance whereas return on assets is used to measure the firm’s performance. Fifteen (15) banking companies of Bangladesh representing the period of 2010 to 2015 were selected purposively used in this study. The descriptive analysis, correlation and multiple regression analysis were applied to test the impact of corporate governance on firm performance. The results showed that there were impacts of corporate governance on ROA. However, the study found a positive and also inverse relationship between the variables of corporate governance and firm’s performance.

Full Text:



  • There are currently no refbacks.

Copyright (c) 2017 Edupedia Publications Pvt Ltd

Creative Commons License
This work is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License.


EduPedia Publications Pvt Ltd, D-351, Prem Nagar-2, Suleman Nagar, Kirari, Nagloi, New Delhi PIN-Code 110086, India Through Phone Call us now: +919958037887 or +919557022047

All published Articles are Open Access at

Paper submission: or


Mobile:                  +919557022047 & +919958037887


Journals Maintained and Hosted by

EduPedia Publications (P) Ltd in Association with Other Institutional Partners

Pen2Print and IJR are registered trademark of the Edupedia Publications Pvt Ltd.