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Corporate governance practices and firm performance measured by Croatian Corporate Governance Index (CCGI®)

机译:克罗地亚公司治理指数(CCGI®)衡量的公司治理实践和公司绩效

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摘要

The area of corporate governance (CG) determines the way in which a corporation is managed and monitored. The purpose of this article is to investigate whether there is a correlation between company performance and CG practices, while the general objective is to set up regression models of the company success measured by Tobin’sQ and CG practices measured by Croatian Corporate Governance Index (CCGI®). Data used for processing the topic were from secondary sources, mostly books and articles, as well available annual questionnaires of CG codex for the period from 2007 to 2010.Results obtained in this research indicate that CG is an important factor in explaining the business performance of Croatian companies included in the official share index of the Zagreb Stock Exchange (ZSE) CROBEX® (Croatian equity index).
机译:公司治理(CG)领域决定了公司的管理和监控方式。本文的目的是调查公司绩效与CG做法之间是否存在相关性,而总体目标是建立由Tobin'sQ衡量的公司成功和由克罗地亚公司治理指数(CCGI)衡量的CG做法的回归模型。 ®)。用于处理该主题的数据来自二手资料,主要是书籍和文章,以及CG法典在2007年至2010年期间的年度问卷。本研究获得的结果表明CG是解释CG业务绩效的重要因素。克罗地亚公司被列入萨格勒布证券交易所(ZSE)CROBEX®(克罗地亚股票指数)的官方股票指数中。

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