Indian Journal of Industrial Relations

1. Raghu Kumari P.s. And Yash Shantilal Jain – Assistant Professor (finance) K J Somaiya Institute Of Management Studies And Research

Received
11-Mar-2020
Accepted
-
Published
11-Mar-2020
Abstract
Volatility in stock markets is caused by many external and internal factors, one of them being governance in Indian companies. This study is to ascertain the various company-specific elements affecting the stock performance along with corporate governance (CG). The dependent variable is market price of shares and the independent variables considered are: CG, return on equity (ROE), enterprise value, earnings per share (EPS) and dividends (DPS) for the FY 2017-18, for SENSEX (BSE 30) companies. The study concludes that the share price of a company is influenced by governance (CG), ROE, EPS and DPS. The study highlights that companies with improved governance achieve better stock performance.
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