Analyzing the Effect of Corporate Governance on Return on Assets (ROA) of Listed Information Technology Companies in Bangladesh

The study attempts to investigate the impact of corporate governance (CG) attributes on return on assets (ROA) of listed information technology companies in Bangladeshi. Secondary sources of data over the period of 5 years from 2018 to 2022 collected from Dhaka Stock Exchange (DSE) of the sample com...

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Main Authors: Md. Hossain, Md. Islam, Kamrun Naher
Format: Article
Language:English
Published: Mashhad: Behzad Hassannezhad Kashani 2024-12-01
Series:International Journal of Management, Accounting and Economics
Subjects:
Online Access:https://www.ijmae.com/article_210435_929495c1c122f45932198c133de05971.pdf
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author Md. Hossain
Md. Islam
Kamrun Naher
author_facet Md. Hossain
Md. Islam
Kamrun Naher
author_sort Md. Hossain
collection DOAJ
description The study attempts to investigate the impact of corporate governance (CG) attributes on return on assets (ROA) of listed information technology companies in Bangladeshi. Secondary sources of data over the period of 5 years from 2018 to 2022 collected from Dhaka Stock Exchange (DSE) of the sample companies are used to analyze and mean, standard deviation, VIF, maximum, minimum and multiple regression techniques are applied to reach the objectives of the study. The results represent that there is a strong positive influence of corporate on ROA. Board size and nomination and remuneration committee are positively associated with ROA at 5% level of significance. On the other hand, a significant negative relationship between board independence and firm size proxied by total assets and ROA is seen. Audit committee independent, firm age, board meeting and firm performance of information technology listed companies are not statistically significantly related. The results of the study are more effective to management, shareholders, creditors and potential investors to make a useful decision for the companies.
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institution Kabale University
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language English
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publisher Mashhad: Behzad Hassannezhad Kashani
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spelling doaj-art-6709d4bb838043b6bf7a564985f0419c2025-01-12T08:07:50ZengMashhad: Behzad Hassannezhad KashaniInternational Journal of Management, Accounting and Economics2383-21262024-12-0111121699171310.5281/zenodo.14501097210435Analyzing the Effect of Corporate Governance on Return on Assets (ROA) of Listed Information Technology Companies in BangladeshMd. Hossain0Md. Islam1Kamrun Naher2Department of Accounting and Information Systems, University of Rajshahi, Rajshahi, BangladeshDepartment of Accounting and Information Systems, University of Rajshahi, Rajshahi, BangladeshInstitute of Bangladesh Studies, University of Rajshahi, Rajshah, BangladeshThe study attempts to investigate the impact of corporate governance (CG) attributes on return on assets (ROA) of listed information technology companies in Bangladeshi. Secondary sources of data over the period of 5 years from 2018 to 2022 collected from Dhaka Stock Exchange (DSE) of the sample companies are used to analyze and mean, standard deviation, VIF, maximum, minimum and multiple regression techniques are applied to reach the objectives of the study. The results represent that there is a strong positive influence of corporate on ROA. Board size and nomination and remuneration committee are positively associated with ROA at 5% level of significance. On the other hand, a significant negative relationship between board independence and firm size proxied by total assets and ROA is seen. Audit committee independent, firm age, board meeting and firm performance of information technology listed companies are not statistically significantly related. The results of the study are more effective to management, shareholders, creditors and potential investors to make a useful decision for the companies.https://www.ijmae.com/article_210435_929495c1c122f45932198c133de05971.pdfaudit committeeboard meetingboard independenceboard sizenomination and remuneration committeereturn on assets (roa)
spellingShingle Md. Hossain
Md. Islam
Kamrun Naher
Analyzing the Effect of Corporate Governance on Return on Assets (ROA) of Listed Information Technology Companies in Bangladesh
International Journal of Management, Accounting and Economics
audit committee
board meeting
board independence
board size
nomination and remuneration committee
return on assets (roa)
title Analyzing the Effect of Corporate Governance on Return on Assets (ROA) of Listed Information Technology Companies in Bangladesh
title_full Analyzing the Effect of Corporate Governance on Return on Assets (ROA) of Listed Information Technology Companies in Bangladesh
title_fullStr Analyzing the Effect of Corporate Governance on Return on Assets (ROA) of Listed Information Technology Companies in Bangladesh
title_full_unstemmed Analyzing the Effect of Corporate Governance on Return on Assets (ROA) of Listed Information Technology Companies in Bangladesh
title_short Analyzing the Effect of Corporate Governance on Return on Assets (ROA) of Listed Information Technology Companies in Bangladesh
title_sort analyzing the effect of corporate governance on return on assets roa of listed information technology companies in bangladesh
topic audit committee
board meeting
board independence
board size
nomination and remuneration committee
return on assets (roa)
url https://www.ijmae.com/article_210435_929495c1c122f45932198c133de05971.pdf
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AT mdislam analyzingtheeffectofcorporategovernanceonreturnonassetsroaoflistedinformationtechnologycompaniesinbangladesh
AT kamrunnaher analyzingtheeffectofcorporategovernanceonreturnonassetsroaoflistedinformationtechnologycompaniesinbangladesh