期刊名称：European Journal of Business Science and Technology
印刷版ISSN：2336-6494
出版年度：2020
卷号：6
期号：1
页码：37-52
DOI：10.11118/ejobsat.2020.004
语种：English
出版社：Mendel University, Brno
摘要：Corporate Governance has acquired a significant place in the national economies globally. Quality of governance impacts the business confidence index and resource mobilizations in the global marketplace. In various countries there is a conventional dominance of promoters or majority shareholders on the board of companies which implicates various propensities of risks and forms of risk cultures,making the problem of governance typical and critical for the regulators. Our paper examines the risk behaviour of firms in context of CG practices and creates distinct bundles of companies with specific risk cultures. Using a sample of 10 years’ panel data of 84 companies listed on the National Stock Exchange in India (NSE) for selected risk and CG variables,we measure the influence of CG measures on the risk propensity and behaviour and based on combinations of selected CG practices formulated the risk bundles. Based on the derived bundles of risk behaviour, regulators and policymakers can make informed decisions.
