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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Language: | English |
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Mashhad: Behzad Hassannezhad Kashani
2024-12-01
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Series: | International Journal of Management, Accounting and Economics |
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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. |
format | Article |
id | doaj-art-6709d4bb838043b6bf7a564985f0419c |
institution | Kabale University |
issn | 2383-2126 |
language | English |
publishDate | 2024-12-01 |
publisher | Mashhad: Behzad Hassannezhad Kashani |
record_format | Article |
series | International Journal of Management, Accounting and Economics |
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 |
work_keys_str_mv | AT mdhossain analyzingtheeffectofcorporategovernanceonreturnonassetsroaoflistedinformationtechnologycompaniesinbangladesh AT mdislam analyzingtheeffectofcorporategovernanceonreturnonassetsroaoflistedinformationtechnologycompaniesinbangladesh AT kamrunnaher analyzingtheeffectofcorporategovernanceonreturnonassetsroaoflistedinformationtechnologycompaniesinbangladesh |