Journal of Commerce and Accounting Research

Manjit Kaur Sidhu ¹

Affiliations
1 University Business School, Panjab University, Chandigarh, IN

Abstract

Corporate governance has an impact on both quantity and quality of corporate information disclosure which affects the level of information asymmetry and thus impacts the changes in market liquidity of stock. This article attempts to discern the relationship between corporate governance and the stock market liquidity of Indian manufacturing companies included in the S&P BSE 100 Index during the period 2009-2012 by invoking pooled regression model. The empirical results support corporate governance implications of stock market liquidity as measured by Amivest measure (1985), that is, better governed companies has higher liquidity. The results of the present study are in support of arguments made by Chung, Elder, and Kim (2010), i.e., firms may improve stock market liquidity by adopting corporate governance practices that mitigate informational asymmetries.

Keywords

Corporate Governance, Stock Market Liquidity, S&P BSE 100 Index.

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Manjit Kaur Sidhu ¹

Affiliations
1 Post Graduate Government College, Chandigarh, IN

Abstract

The paper illustrates the current state of Internet banking in India and discusses its implications for the Indian banking industry. The present study examined the impact of Internet banking on the performance of banks. The present study employed panel data regression on the information drawn from the sample of 31 bank’s websites from 1997-2016. Using data on the financial performance, the current study analyzed the impact of Internet banking on banks’ performance. The results revealed that Internet banks helps in accelerating the financial performance of banks as proxied by ROA and ROE.

Keywords

Internet Banking, Banking, Performance, Financial Services, Risk.

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