Document Type : Original Article

Authors

1 Department of Accounting and Management, Gonbad Kavoos Branch, Islamic Azad University, Gonbad Kavoos, Iran

2 Deprtment of Management and Accounting, Aliabad Katoul Branch, Islamic Azad University Aliabad Katoul, Golestan, Iran

3 Department of Accounting, Minoodasht Branch, Islamic Azad University, Minoodasht, Iran

Abstract

This research focuses on the measurement of the quality of corporate governance and on whether there exists a relationship between corporate governance and firm performance for a sample of the Top 100 companies.  With reference to the battery of models available from the literature and the Code of Corporate Governance applicable to Mauritius, a checklist measuring the effect of 13 key factors was developed and studied in relation to the Taffler model. Analysis from the results shows that on the overall, there is no difference in performance for companies having poor and excellent quality of governance.  Hence no significant relationship has been found between corporate governance and financial performance.

Keywords

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