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How to cite this paper
APA: Sawalqa, F. (2021). Board mechanisms and corporate market value: Panel Data Evidence from Jordan). Accounting, 7(2), 257-268.
Chicago/Turabian: Sawalqa, F. 2021. "Board mechanisms and corporate market value: Panel Data Evidence from Jordan)." Accounting 7, no. 2 (2021): 257-268.
AMA: Sawalqa, F. Board mechanisms and corporate market value: Panel Data Evidence from Jordan). Accounting. 2021;7(2):257-268.
References
Abbadi, S. S., Hijazi, Q. F., & Al-Rahahleh, A. S. (2016). Corporate governance quality and earnings management: Evidence from Jordan. Australasian Accounting, Business and Finance Journal, 10(2), 54-75.
Abu Khalaf, B. K. A., & Al-Tarawneh, A. (2019). The Impact of Corporate Governance on the Efficiency of Managing Working Capital: The Manufacturing Sector in Jordan. Jordan Journal of Business Administration, 15(2), 201-208.
Adams, R., & Mehran, H. (2003). Is corporate governance different for bank holding companies? FRBNY Econ. Policy Rev. 9, 123–142.
Aebi, V., Sabato, G., & Schmid, M. (2012). Risk management, corporate governance, and bank performance in the financial crisis. Journal of Banking & Finance, 36(12), 3213-3226.
Agyemang-Mintah, P., & Schadewitz, H. (2019). Gender diversity and firm value: evidence from UK financial institutions. International Journal of Accounting & Information Management, 27 (1), 2-26.
Alabdullah, T. T., Yahya, S., & Ramayah, T. (2014). Corporate governance mechanisms and Jordanian companies' financial performance. Asian Social Science, 10(22), 247-262.
Al-Amarneh, A., & Yaseen, H. (2014). Corporate governance and dividend policy in Jordan. International Journal of Economics and Finance, 6(4), 210-219.
Al Attar, M., (2016). Corporate governance and financial statement disclosure quality in Jordanian commercial banks. International journal of Economics and Finance, 8(10), 192-205.
Albitar, K. (2015). Corporate governance and voluntary disclosure: Evidence from Jordan. European Academic Research, 2(10), 13197-13214.
Al Fadli, A., Sands, J., Jones, G., Beattie, C., & Pensiero, D. (2019). Board Gender Diversity and CSR Reporting: Evidence from Jordan. Australasian Accounting, Business and Finance Journal, 13(3), 29-52.
Al-Khouri, R. (2006). Corporate governance and firms value in emerging markets: The case of Jordan. Journal of Transnational Management, 12(1), 25-49.
Alkurdi, A., Tahat, Y., & Al-mawali, H. (2017). The effect of governance attributes on corporate dividend payouts policy: Evidence from Jordan. International Journal of Corporate Governance, 8(3-4), 313-334.
Al-Matari, Y. A., Al-Swidi, A. K., & Fadzil, F. H. B. (2012). Audit committee effectiveness and performance of Saudi Arabia listed companies. Wulfenia Journal, 19(8), 169-188.
Al-Musali, M. A. K. M., & Ismail, K. N. I. K. (2015). Board diversity and intellectual capital performance. Accounting Research Journal, 28(3), 284-299.
Al-Nimer, M. (2019). Effect of Corporate Governance Rules on Voluntary Disclosure in Jordanian Corporations Listed with the Amman Stock Exchange (ASE):(An Empirical Study). Studies in Business and Economics, 14(1), 154-168.
Al-Rahahleh, A. S. (2017). Corporate governance quality, board gender diversity and corporate dividend policy: Evidence from Jordan. Australasian Accounting, Business and Finance Journal, 11(2), 86-104.
Antenucci, R. (2019). The Weakening Relationship between Corporate Governance and Firm Performance. Association for University Regional Campuses of Ohio, 25, 1-23.
Asante-Darko, D., Bonsu, B. A., Famiyeh, S., Kwarteng, A., & Goka, Y. (2018). Governance structures, cash holdings and firm value on the Ghana stock exchange. Corporate Governance: The International Journal of Business in Society, 18 (4), 671-685.
Azzoz, A, A., & Khamees, B. A. (2016). The Impact of Corporate Governance Characteristics on Earnings Quality and Earnings Management: Evidence from Jordan. Jordan Journal of Business Administration, 12(1). 187-207.
Bawaneh, S. S. (2020). Impact of Corporate Governance on Financial Institutions? Performance: A Board Composition Case. Asian Economic and Financial Review, 10(1), 54-63.
Berthelot, S., Francoeur, C., & Labelle, R. (2012). Corporate governance mechanisms, accounting results and stock valuation in Canada. International Journal of Managerial Finance, 8(4), 332-343.
Bhat, K. U., Chen, Y., Jebran, K., & Bhutto, N. A. (2018). Corporate governance and firm value: A comparative analysis of state and non-state owned companies in the context of Pakistan. Corporate Governance. The International Journal of Business in Society, 18(6), 1196-1206.
Bista, N. B., Bartaula, N. R., Shrestha, O., Gnawali, P., Lamichhane, P., & Parajuli, P. (2019). Impact of Corporate Governance on Dividend Policy of Nepalese Enterprises. In Business Governance and Society (pp. 377-397). Palgrave Macmillan, Cham.
Blundell, R., Bond, S., Devereux, M., & Schiantarelli, F. (1992). Investment and Tobin's Q: Evidence from company panel data. Journal of Econometrics, 51(1-2), 233-257.
Bushman, R. M. (2014). Thoughts on financial accounting and the banking industry. Journal of Accounting and Economics, 58(2-3), 384-395.
CBJ. (2016a). Amended Instructions of Corporate Governance for Banks No. (63/2016) dated 1/9/2016. Retrieved May 6, 2020 from: https://www.cbj.gov.jo/Pages/viewpage.aspx?pageID=246
CBJ. (2016b). Amended Instructions of Corporate Governance for Islamic (Sharia Compliant) Banks No. (64/ 2016) Dated 25/9/2016.Retrieved May 6, 2020 from: http://www.cbj.gov.jo/Pages/viewpage.aspx?pageID=246
Cormier, D., Ledoux, M. J., Magnan, M., & Aerts, W. (2010). Corporate governance and information asymmetry between managers and investors. Corporate Governance: The International Journal of Business in Society, 10(5), 574-589.
Crespı́, R., Garcı́a-Cestona, M. A., & Salas, V. (2004). Governance mechanisms in Spanish banks. Does ownership matter?. Journal of Banking & Finance, 28(10), 2311-2330.
Daradkah, D. A., & Ajlouni, M. M. (2013). The Effect of Corporate Governance on Bank‘s Dividend Policy: Evidence from Jordan‖. Australian Journal of Business and Management Research, 3(1), 30-39.
Davis, J. H., Schoorman, F. D., & Donaldson, L. (1997). Toward a stewardship theory of management. Academy of Management Review, 22(1), 20-47.
de Andres, P., Romero‐Merino, M. E., Santamaría, M., & Vallelado, E. (2012). Board determinants in banking industry. An international perspective. Managerial and Decision Economics, 33(3), 147-158.
de Andres, p. & Vallelado, E. ( 2008). Corporate Governance in Banking: The role of board of Directors. Journal of Banking & Finance, 32, 2570–2580.
Del Brio, E. B., Maia-Ramires, E., & Perote, J. (2006). Corporate governance mechanisms and their impact on firm value. Corporate Ownership and Control, 4(1), 25-36.
Dewasiri, N. J., Koralalage, W. B. Y., Azeez, A. A., Jayarathne, P. G. S. A., Kuruppuarachchi, D., & Weerasinghe, V. A. (2019). Determinants of dividend policy: evidence from an emerging and developing market. Managerial Finance, 45 (3), 413-429.
Eberhart, R. (2012). Corporate governance systems and firm value: empirical evidence from Japan's natural experiment. Journal of Asia Business Studies, 6(2), 176-196.
Eisenberg, T., Sundgren, S., & Wells, M. T. (1998). Larger board size and decreasing firm value in small firms. Journal of Financial Economics, 48(1), 35-54.
Elmagrhi, M. H., Ntim, C. G., Crossley, R. M., Malagila, J. K., Fosu, S., & Vu, T. V. (2017). Corporate governance and dividend pay-out policy in UK listed SMEs. International Journal of Accounting & Information Management,25 (4), 459-483.
Erkens, D. H., Hung, M., & Matos, P. (2012). Corporate governance in the 2007–2008 financial crisis: Evidence from financial institutions worldwide. Journal of Corporate Finance, 18(2), 389-411.
Fama, E. F. (1980). Agency problems and the theory of the firm. Journal of Political Economy, 88(2), 288-307.
Fama, E. F., & Jensen, M. C. (1983). Separation of ownership and control. The journal of law and Economics, 26(2), 301-325.
Farhan, A., Obaid, S. N., & Azlan, H. (2017). Corporate governance effect on firms’ performance–evidence from the UAE. Journal of Economic and Administrative Sciences,33(1), 66-80.
Gregory, H. J., & Simms, M. E. (1999). Corporate governance: what it is and why it matters. 9th International Anti-Corruption Conference, Kuala Lumpur. 10-15 October 1999, Durban, South Africa.
Gujarati, D, N & Porter, D, C. (2009). Basic Econometrics. 5th Edition McGraw-Hill/ Irwin. New York.
Hamdan, A. M., Sarea, A. M., & Reyad, S. M. R. (2013). The impact of audit committee characteristics on the performance: Evidence from Jordan. International Management Review, 9(1), 32-42.
Haniffa, R., & Hudaib, M. (2006). Corporate governance structure and performance of Malaysian listed companies. Journal of Business Finance & Accounting, 33(7‐8), 1034-1062.
Hill, C. W., & Jones, T. M. (1992). Stakeholder‐agency theory. Journal of management studies, 29(2), 131-154.
Hillman, A. J., & Dalziel, T. (2003). Boards of directors and firm performance: Integrating agency and resource dependence perspectives. Academy of Management review, 28(3), 383-396.
Hillman, A. J., Withers, M. C., & Collins, B. J. (2009). Resource dependence theory: A review. Journal of management, 35(6), 1404-1427.
Ibrahim, M. Y., Ahmad, A. C., & Khan, M. A. (2017). Does Corporate Governance Mechanism Improve Shareholder Value? A Panel Analysis of Malaysian Listed Companies. Global Business & Management Research, 9(1), 15-27.
Jensen, M. C., & Meckling, W. H. (1976). Theory of the firm: Managerial behavior, agency costs, and ownership structure. Journal of Financial Economics, 3, 305-360.
Jensen, M. C. (1993). The modern industrial revolution, exit, and the failure of internal control systems. The Journal of Finance, 48(3), 831-880.
Jiraporn, P., Kim, J. C., & Kim, Y. S. (2011). Dividend payouts and corporate governance quality: An empirical investigation. Financial Review, 46(2), 251-279.
JSC. (2017). Instructions of Corporate Governance for Shareholding Listed Companies for the year 2017. Available online at: https://jsc.gov.jo/Links2/en/instructions
Kong, Y., Famba, T., Chituku-Dzimiro, G., Sun, H., & Kurauone, O. (2020). Corporate Governance Mechanisms, Ownership and Firm Value: Evidence from Listed Chinese Firms. International Journal of Financial Studies, 8(2), 1-26.
Kumar, N., & Singh, J. P. (2013). Effect of board size and promoter ownership on firm value: some empirical findings from India. Corporate Governance: The international journal of business in society, 13 (1), 88-98.
Kusi, B. A., Gyeke-Dako, A., Agbloyor, E. K., & Darku, A. B. (2018). Does corporate governance structures promote shareholders or stakeholders value maximization? Evidence from African banks. Corporate Governance: The International Journal of Business in Society, 18(2), 270-288.
Lan, L. L., & Heracleous, L. (2010). Rethinking agency theory: The view from law. Academy of Management Review, 35(2), 294-314.
Lipton, M., & Lorsch, J. W. (1992). A modest proposal for improved corporate governance. The business lawyer, 48(1), 59-77.
Mak, Y. T., & Kusnadi, Y. (2005). Size really matters: Further evidence on the negative relationship between board size and firm value. Pacific-Basin Finance Journal, 13(3), 301-318.
Malik, M. F., & Shah, S. M. A. (2013). Value relevance of firm specific corporate governance and macroeconomic variables: evidence from Karachi stock exchange. Pakistan Journal of Commerce and Social Sciences (PJCSS), 7(2), 276-297.
Mazzotta, R., & Veltri, S. (2014). The relationship between corporate governance and the cost of equity capital. Evidence from the Italian stock exchange. Journal of Management & Governance, 18(2), 419-448.
Mishra, R., & Kapil, S. (2017). Effect of ownership structure and board structure on firm value: evidence from India. Corporate Governance: The International Journal of Business in Society, 17(4), 700-726.
Mishra, R. K., & Kapil, S. (2018). Effect of Board Characteristics on Firm Value: Evidence from India. South Asian Journal of Business Studies, 7(1), 41-72.
Naseem, M. A., Xiaoming, S., Riaz, S., & Rehman, R. U. (2017). Board attributes and financial performance: The evidence from an emerging economy. The Journal of Developing Areas, 51(3), 281-297.
Ntim, C. G., & Osei, K. A. (2011). The impact of corporate board meetings on corporate performance in South Africa. African Review of Economics and Finance, 2(2), 83-103.
Pahi, D. & Yadav, I.S. (2019). Does corporate governance affect dividend policy in India? Firm-level evidence from new indices. Managerial Finance, 45 (9), 1219-1238.
Perfect, S. B., & Wiles, K. W. (1994). Alternative constructions of Tobin's q: An empirical comparison. Journal of Empirical Finance, 1(3-4), 313-341.
Rashid, K., & Islam, S. M. (2013). Corporate governance, complementarities and the value of a firm in an emerging market: the effect of market imperfections. Corporate Governance: The International Journal of Business in Society,13 (1), 70-87.
Schäuble, J. (2019). The impact of external and internal corporate governance mechanisms on agency costs. Corporate Governance: The International Journal of Business in Society,19(1), 1-22.
Siddiqui, S. S. (2015). The association between corporate governance and firm performance–a meta-analysis. International Journal of Accounting and Information Management, 23(3), 218-237.
Sidhu, M. K., & Kaur, P. (2019). Effect of corporate governance on stock market liquidity: empirical evidence from Indian companies. DECISION, 46(3), 197-218.
Van Puyvelde, S., Caers, R., Du Bois, C., & Jegers, M. (2012). The governance of nonprofit organizations: Integrating agency theory with stakeholder and stewardship theories. Nonprofit and Voluntary Sector Quarterly, 41(3), 431-451.
Yermack, D. (1996). Higher market valuation of companies with a small board of directors. Journal of Financial Economics, 40(2), 185-211.
Abu Khalaf, B. K. A., & Al-Tarawneh, A. (2019). The Impact of Corporate Governance on the Efficiency of Managing Working Capital: The Manufacturing Sector in Jordan. Jordan Journal of Business Administration, 15(2), 201-208.
Adams, R., & Mehran, H. (2003). Is corporate governance different for bank holding companies? FRBNY Econ. Policy Rev. 9, 123–142.
Aebi, V., Sabato, G., & Schmid, M. (2012). Risk management, corporate governance, and bank performance in the financial crisis. Journal of Banking & Finance, 36(12), 3213-3226.
Agyemang-Mintah, P., & Schadewitz, H. (2019). Gender diversity and firm value: evidence from UK financial institutions. International Journal of Accounting & Information Management, 27 (1), 2-26.
Alabdullah, T. T., Yahya, S., & Ramayah, T. (2014). Corporate governance mechanisms and Jordanian companies' financial performance. Asian Social Science, 10(22), 247-262.
Al-Amarneh, A., & Yaseen, H. (2014). Corporate governance and dividend policy in Jordan. International Journal of Economics and Finance, 6(4), 210-219.
Al Attar, M., (2016). Corporate governance and financial statement disclosure quality in Jordanian commercial banks. International journal of Economics and Finance, 8(10), 192-205.
Albitar, K. (2015). Corporate governance and voluntary disclosure: Evidence from Jordan. European Academic Research, 2(10), 13197-13214.
Al Fadli, A., Sands, J., Jones, G., Beattie, C., & Pensiero, D. (2019). Board Gender Diversity and CSR Reporting: Evidence from Jordan. Australasian Accounting, Business and Finance Journal, 13(3), 29-52.
Al-Khouri, R. (2006). Corporate governance and firms value in emerging markets: The case of Jordan. Journal of Transnational Management, 12(1), 25-49.
Alkurdi, A., Tahat, Y., & Al-mawali, H. (2017). The effect of governance attributes on corporate dividend payouts policy: Evidence from Jordan. International Journal of Corporate Governance, 8(3-4), 313-334.
Al-Matari, Y. A., Al-Swidi, A. K., & Fadzil, F. H. B. (2012). Audit committee effectiveness and performance of Saudi Arabia listed companies. Wulfenia Journal, 19(8), 169-188.
Al-Musali, M. A. K. M., & Ismail, K. N. I. K. (2015). Board diversity and intellectual capital performance. Accounting Research Journal, 28(3), 284-299.
Al-Nimer, M. (2019). Effect of Corporate Governance Rules on Voluntary Disclosure in Jordanian Corporations Listed with the Amman Stock Exchange (ASE):(An Empirical Study). Studies in Business and Economics, 14(1), 154-168.
Al-Rahahleh, A. S. (2017). Corporate governance quality, board gender diversity and corporate dividend policy: Evidence from Jordan. Australasian Accounting, Business and Finance Journal, 11(2), 86-104.
Antenucci, R. (2019). The Weakening Relationship between Corporate Governance and Firm Performance. Association for University Regional Campuses of Ohio, 25, 1-23.
Asante-Darko, D., Bonsu, B. A., Famiyeh, S., Kwarteng, A., & Goka, Y. (2018). Governance structures, cash holdings and firm value on the Ghana stock exchange. Corporate Governance: The International Journal of Business in Society, 18 (4), 671-685.
Azzoz, A, A., & Khamees, B. A. (2016). The Impact of Corporate Governance Characteristics on Earnings Quality and Earnings Management: Evidence from Jordan. Jordan Journal of Business Administration, 12(1). 187-207.
Bawaneh, S. S. (2020). Impact of Corporate Governance on Financial Institutions? Performance: A Board Composition Case. Asian Economic and Financial Review, 10(1), 54-63.
Berthelot, S., Francoeur, C., & Labelle, R. (2012). Corporate governance mechanisms, accounting results and stock valuation in Canada. International Journal of Managerial Finance, 8(4), 332-343.
Bhat, K. U., Chen, Y., Jebran, K., & Bhutto, N. A. (2018). Corporate governance and firm value: A comparative analysis of state and non-state owned companies in the context of Pakistan. Corporate Governance. The International Journal of Business in Society, 18(6), 1196-1206.
Bista, N. B., Bartaula, N. R., Shrestha, O., Gnawali, P., Lamichhane, P., & Parajuli, P. (2019). Impact of Corporate Governance on Dividend Policy of Nepalese Enterprises. In Business Governance and Society (pp. 377-397). Palgrave Macmillan, Cham.
Blundell, R., Bond, S., Devereux, M., & Schiantarelli, F. (1992). Investment and Tobin's Q: Evidence from company panel data. Journal of Econometrics, 51(1-2), 233-257.
Bushman, R. M. (2014). Thoughts on financial accounting and the banking industry. Journal of Accounting and Economics, 58(2-3), 384-395.
CBJ. (2016a). Amended Instructions of Corporate Governance for Banks No. (63/2016) dated 1/9/2016. Retrieved May 6, 2020 from: https://www.cbj.gov.jo/Pages/viewpage.aspx?pageID=246
CBJ. (2016b). Amended Instructions of Corporate Governance for Islamic (Sharia Compliant) Banks No. (64/ 2016) Dated 25/9/2016.Retrieved May 6, 2020 from: http://www.cbj.gov.jo/Pages/viewpage.aspx?pageID=246
Cormier, D., Ledoux, M. J., Magnan, M., & Aerts, W. (2010). Corporate governance and information asymmetry between managers and investors. Corporate Governance: The International Journal of Business in Society, 10(5), 574-589.
Crespı́, R., Garcı́a-Cestona, M. A., & Salas, V. (2004). Governance mechanisms in Spanish banks. Does ownership matter?. Journal of Banking & Finance, 28(10), 2311-2330.
Daradkah, D. A., & Ajlouni, M. M. (2013). The Effect of Corporate Governance on Bank‘s Dividend Policy: Evidence from Jordan‖. Australian Journal of Business and Management Research, 3(1), 30-39.
Davis, J. H., Schoorman, F. D., & Donaldson, L. (1997). Toward a stewardship theory of management. Academy of Management Review, 22(1), 20-47.
de Andres, P., Romero‐Merino, M. E., Santamaría, M., & Vallelado, E. (2012). Board determinants in banking industry. An international perspective. Managerial and Decision Economics, 33(3), 147-158.
de Andres, p. & Vallelado, E. ( 2008). Corporate Governance in Banking: The role of board of Directors. Journal of Banking & Finance, 32, 2570–2580.
Del Brio, E. B., Maia-Ramires, E., & Perote, J. (2006). Corporate governance mechanisms and their impact on firm value. Corporate Ownership and Control, 4(1), 25-36.
Dewasiri, N. J., Koralalage, W. B. Y., Azeez, A. A., Jayarathne, P. G. S. A., Kuruppuarachchi, D., & Weerasinghe, V. A. (2019). Determinants of dividend policy: evidence from an emerging and developing market. Managerial Finance, 45 (3), 413-429.
Eberhart, R. (2012). Corporate governance systems and firm value: empirical evidence from Japan's natural experiment. Journal of Asia Business Studies, 6(2), 176-196.
Eisenberg, T., Sundgren, S., & Wells, M. T. (1998). Larger board size and decreasing firm value in small firms. Journal of Financial Economics, 48(1), 35-54.
Elmagrhi, M. H., Ntim, C. G., Crossley, R. M., Malagila, J. K., Fosu, S., & Vu, T. V. (2017). Corporate governance and dividend pay-out policy in UK listed SMEs. International Journal of Accounting & Information Management,25 (4), 459-483.
Erkens, D. H., Hung, M., & Matos, P. (2012). Corporate governance in the 2007–2008 financial crisis: Evidence from financial institutions worldwide. Journal of Corporate Finance, 18(2), 389-411.
Fama, E. F. (1980). Agency problems and the theory of the firm. Journal of Political Economy, 88(2), 288-307.
Fama, E. F., & Jensen, M. C. (1983). Separation of ownership and control. The journal of law and Economics, 26(2), 301-325.
Farhan, A., Obaid, S. N., & Azlan, H. (2017). Corporate governance effect on firms’ performance–evidence from the UAE. Journal of Economic and Administrative Sciences,33(1), 66-80.
Gregory, H. J., & Simms, M. E. (1999). Corporate governance: what it is and why it matters. 9th International Anti-Corruption Conference, Kuala Lumpur. 10-15 October 1999, Durban, South Africa.
Gujarati, D, N & Porter, D, C. (2009). Basic Econometrics. 5th Edition McGraw-Hill/ Irwin. New York.
Hamdan, A. M., Sarea, A. M., & Reyad, S. M. R. (2013). The impact of audit committee characteristics on the performance: Evidence from Jordan. International Management Review, 9(1), 32-42.
Haniffa, R., & Hudaib, M. (2006). Corporate governance structure and performance of Malaysian listed companies. Journal of Business Finance & Accounting, 33(7‐8), 1034-1062.
Hill, C. W., & Jones, T. M. (1992). Stakeholder‐agency theory. Journal of management studies, 29(2), 131-154.
Hillman, A. J., & Dalziel, T. (2003). Boards of directors and firm performance: Integrating agency and resource dependence perspectives. Academy of Management review, 28(3), 383-396.
Hillman, A. J., Withers, M. C., & Collins, B. J. (2009). Resource dependence theory: A review. Journal of management, 35(6), 1404-1427.
Ibrahim, M. Y., Ahmad, A. C., & Khan, M. A. (2017). Does Corporate Governance Mechanism Improve Shareholder Value? A Panel Analysis of Malaysian Listed Companies. Global Business & Management Research, 9(1), 15-27.
Jensen, M. C., & Meckling, W. H. (1976). Theory of the firm: Managerial behavior, agency costs, and ownership structure. Journal of Financial Economics, 3, 305-360.
Jensen, M. C. (1993). The modern industrial revolution, exit, and the failure of internal control systems. The Journal of Finance, 48(3), 831-880.
Jiraporn, P., Kim, J. C., & Kim, Y. S. (2011). Dividend payouts and corporate governance quality: An empirical investigation. Financial Review, 46(2), 251-279.
JSC. (2017). Instructions of Corporate Governance for Shareholding Listed Companies for the year 2017. Available online at: https://jsc.gov.jo/Links2/en/instructions
Kong, Y., Famba, T., Chituku-Dzimiro, G., Sun, H., & Kurauone, O. (2020). Corporate Governance Mechanisms, Ownership and Firm Value: Evidence from Listed Chinese Firms. International Journal of Financial Studies, 8(2), 1-26.
Kumar, N., & Singh, J. P. (2013). Effect of board size and promoter ownership on firm value: some empirical findings from India. Corporate Governance: The international journal of business in society, 13 (1), 88-98.
Kusi, B. A., Gyeke-Dako, A., Agbloyor, E. K., & Darku, A. B. (2018). Does corporate governance structures promote shareholders or stakeholders value maximization? Evidence from African banks. Corporate Governance: The International Journal of Business in Society, 18(2), 270-288.
Lan, L. L., & Heracleous, L. (2010). Rethinking agency theory: The view from law. Academy of Management Review, 35(2), 294-314.
Lipton, M., & Lorsch, J. W. (1992). A modest proposal for improved corporate governance. The business lawyer, 48(1), 59-77.
Mak, Y. T., & Kusnadi, Y. (2005). Size really matters: Further evidence on the negative relationship between board size and firm value. Pacific-Basin Finance Journal, 13(3), 301-318.
Malik, M. F., & Shah, S. M. A. (2013). Value relevance of firm specific corporate governance and macroeconomic variables: evidence from Karachi stock exchange. Pakistan Journal of Commerce and Social Sciences (PJCSS), 7(2), 276-297.
Mazzotta, R., & Veltri, S. (2014). The relationship between corporate governance and the cost of equity capital. Evidence from the Italian stock exchange. Journal of Management & Governance, 18(2), 419-448.
Mishra, R., & Kapil, S. (2017). Effect of ownership structure and board structure on firm value: evidence from India. Corporate Governance: The International Journal of Business in Society, 17(4), 700-726.
Mishra, R. K., & Kapil, S. (2018). Effect of Board Characteristics on Firm Value: Evidence from India. South Asian Journal of Business Studies, 7(1), 41-72.
Naseem, M. A., Xiaoming, S., Riaz, S., & Rehman, R. U. (2017). Board attributes and financial performance: The evidence from an emerging economy. The Journal of Developing Areas, 51(3), 281-297.
Ntim, C. G., & Osei, K. A. (2011). The impact of corporate board meetings on corporate performance in South Africa. African Review of Economics and Finance, 2(2), 83-103.
Pahi, D. & Yadav, I.S. (2019). Does corporate governance affect dividend policy in India? Firm-level evidence from new indices. Managerial Finance, 45 (9), 1219-1238.
Perfect, S. B., & Wiles, K. W. (1994). Alternative constructions of Tobin's q: An empirical comparison. Journal of Empirical Finance, 1(3-4), 313-341.
Rashid, K., & Islam, S. M. (2013). Corporate governance, complementarities and the value of a firm in an emerging market: the effect of market imperfections. Corporate Governance: The International Journal of Business in Society,13 (1), 70-87.
Schäuble, J. (2019). The impact of external and internal corporate governance mechanisms on agency costs. Corporate Governance: The International Journal of Business in Society,19(1), 1-22.
Siddiqui, S. S. (2015). The association between corporate governance and firm performance–a meta-analysis. International Journal of Accounting and Information Management, 23(3), 218-237.
Sidhu, M. K., & Kaur, P. (2019). Effect of corporate governance on stock market liquidity: empirical evidence from Indian companies. DECISION, 46(3), 197-218.
Van Puyvelde, S., Caers, R., Du Bois, C., & Jegers, M. (2012). The governance of nonprofit organizations: Integrating agency theory with stakeholder and stewardship theories. Nonprofit and Voluntary Sector Quarterly, 41(3), 431-451.
Yermack, D. (1996). Higher market valuation of companies with a small board of directors. Journal of Financial Economics, 40(2), 185-211.