A Study On Impact Of Corporate Governance On Financial Performance Of Companies Listed In Nse- Nifty Fifty

Abstract

Corporate governance has become an essential factor in determining firm success and sustainability in the modern business environment. As businesses expand and globalize, governance mechanisms play a crucial role in ensuring transparency, accountability, and ethical decision-making, thereby influencing the long-term financial stability and growth of organizations. The study evaluates the implications of ownership concentration on financial metrics such as Return on Assets (ROA) and Return on Equity (ROE), assessing whether firms with dispersed ownership demonstrate better financial performance and investor confidence. Regulatory frameworks such as the Securities and Exchange Board of India (SEBI) Listing Obligations and Disclosure Requirements (LODR) mandate specific transparency standards for listed firms. This study assesses the extent to which transparent disclosure practices correlate with financial stability, market valuation, and shareholder returns in the NSE Nifty Fifty companies. The findings will not only enhance academic understanding but also offer practical implications for companies seeking to optimize governance frameworks and achieve long-term growth. Strengthening governance practices in Indian firms is imperative to fostering a more transparent, efficient, and investor-friendly business environment, ultimately contributing to economic development and financial stability in the region.