Performance Effects of Corporate Governance Code

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Focusing on the impact of corporate governance codes on company performance, this research study provides empirical insights from India, where SEBI has established standardized regulations. Utilizing panel data regression models and a dynamic distributed lag model, the analysis controls for firm heterogeneity and assesses the Code's lagged effects. It explores the evolution of India's corporate governance system, highlighting its similarities to the Anglo-American model while noting concentrated ownership. The book offers valuable policy implications for regulators and practical guidance for researchers and students.