CORPORATE GOVERNANCE IN EMERGING MARKETS AND ITS IMPACT ON FINANCE PERFORMANCE

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Edmundo R. Lizarzaburu ORCID logo, Luis Berggrun ORCID logo, Kurt Burneo Farfan ORCID logo

https://doi.org/10.22495/cocv12i1c7p2

Abstract

This paper reviews the theoretical framework of Corporate Governance and multiple issues in which it is evaluated such as agency costs, asymmetric information, insider trading, manipulation of earnings, Board of Directors, etc. Finally, it is reviewed the impact of Corporate Governance over cost of equity, capital structure and financial performance.

Keywords: OECD, Corporate Governance, CAF, Treasury, Asymmetric Information, Capital Market, Finance Performance, Treasury Ethics, Board of Directors, Cost of Equity, Capital Structure

How to cite this paper: Lizarzaburu Bolaños, E., Berggrun, L., & Burneo Farfan, K. J. (2014). Corporate governance in emerging markets and its impact on finance performance. Corporate Ownership & Control, 12(1-7), 625-632. https://doi.org/10.22495/cocv12i1c7p2