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2019 | OriginalPaper | Chapter

23. Effect of Board Diversity and Corporate Governance Structure on Operating Performance: Evidence from the Nepalese Enterprises

Authors : Ritu Kumari Gupta, Rupa Chand, Sabeena Sadaula, Sangita Saud, Sapana Ambai

Published in: Business Governance and Society

Publisher: Springer International Publishing

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Abstract

This study examines the effect of board diversity and corporate governance structure on operating performance of Nepalese enterprises. The dependent variables are return on equity (ROE) and market price per share. The independent variables are CEO duality, outside directors, board diversity, board size, board meeting, audit committee, block shareholders, firm size and leverage. The study is based on 20 companies consisting of 10 banking and 10 insurance companies with 100 observations for the period of 2011–2012 to 2015–2016. We collected the data from banking and financial statistics and the Bank Supervision Report published by Nepal Rastra Bank, and the annual reports from the selected Nepalese enterprises. Multiple regression models are estimated to test the significance and importance of board diversity and corporate governance structure on operating performance of Nepalese enterprises.

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Title: Effect of Board Diversity and Corporate Governance Structure on Operating Performance: Evidence from the Nepalese Enterprises
Authors: Ritu Kumari Gupta
Rupa Chand
Sabeena Sadaula
Sangita Saud
Sapana Ambai
Publisher: Springer International Publishing
Book: Business Governance and Society
Print ISBN: 978-3-319-94612-2

Electronic ISBN: 978-3-319-94613-9

Copyright Year: 2019
DOI: https://doi.org/10.1007/978-3-319-94613-9_23