Confirmatory Factor Analysis of Construct used to Measure Corporate Governance in Commercial Banks of Nepal
Author's Name : Bijay Lal Pradhan, Hemant Kothari, Tika Ram Chalise
Journal Name : Pacific Business Review International
Volume : 15
Year of Publication : 2023
Abstract :
Corporate Governance is a system of laws and approaches through which corporation are directed and controlled with intention of monitoring the action of management and directors and evade the misdeed of corporate officers. After East Asian financial crisis in 1997, both commercial and Industrial sector have become awake on corporate governance. It has been observed from the decade study that, there is a significance advantage from corporate governance on firm performance. There exist many studies of relationship between corporate governance and firm performance in developed countries; however less research has conducted in case of developing countries like Nepal.
