Impact of Corporate Governance on Financial Performance:

Abstract

Corporate governance has emerged as a critical factor influencing the financial performance of companies worldwide. This scholarly article aims to examine the intricate relationship between corporate governance mechanisms and financial performance, drawing upon empirical evidence and theoretical frameworks. By analyzing various dimensions of corporate governance, including board composition, executive compensation, transparency, and accountability, this study seeks to provide insights into how effective governance practices contribute to enhancing financial performance and shareholder value. Additionally, the article explores the role of regulatory frameworks and institutional factors in shaping corporate governance practices and their impact on financial outcomes. Through a comprehensive review and synthesis of existing literature, this article offers valuable perspectives for academics, practitioners, policymakers, and investors interested in understanding the dynamics between corporate governance and financial performance.