Impact of Good Governance on the Performance of Tunisian Companies Listed on the BVMT (Bourse des Valeurs Mobilières de Tunis)

  • Necib ADEL Higher Institute of Business Administration, Gafsa University, Tunisia
  • Khalfallah FATMA Higher Institute of Business Administration, Gafsa University, Tunisia
  • Jarboui ANIS Faculty of Economics and Management, Sfax, Tunisia

Abstract

The goal of our research is to see how governance systems affect the performance of Tunisian businesses. Empirical validation of a panel of 100 Tunisian companies over a 10-year period from 2008 to 2018 demonstrates that the board of directors' makeup, compensation system, shareholder rights, and disclosure of financial information are all important factors.

References

[1] Bebchuk, L., Cohen, A., Ferrell, A. 2009. What matters in corporate governance? The Review of Financial Studies, 22(2): 783-827.
[2] Belfellah, Y., Carassus, D. 2016. L'accountability dans l'entreprise publique: Revue de littérature et proposition d'un cadre d'analyse.
[3] Berle, A.A., Gardiner, C. 1968. Means. 1932. The modern corporation and private property, 2.
[4] Charreaux, G. 1996. Pour une véritable théorie de la latitude managériale et du gouvernement des entreprises (No. 0960601). Université de Bourgogne-CREGO EA7317 Centre de recherches en gestion des organisations.
[5] Doidge, E.D., Kinsman, L.M., Ji, Y., Carson, I., Duffy, A.J., Kordas, I.A., Love, J.B. 2019. Evaluation of simple amides in the selective recovery of gold from secondary sources by solvent extraction. ACS Sustainable Chemistry & Engineering, 7(17): 15019-15029.
[6] Loulid, M. 2019. Le rôle du système de contrôle de gestion dans la prévention des risques organisationnels: Cas des offices marocains à activité marchande. La Revue Marocaine de Contrôle de Gestion, (8).
[7] Martins, H.C., Schiehll, E., Terra, P.R.S. 2020. Do shareholder protection and creditor rights have distinct effects on the association between debt maturity and ownership structure? Journal of Business Finance & Accounting.
[8] Sparano, J.A., Gray, R.J., Makower, D.F., Pritchard, K.I., Albain, K.S., Hayes, D.F., Lively, T. 2018. Adjuvant chemotherapy guided by a 21-gene expression assay in breast cancer. New England Journal of Medicine, 379(2): 111-121.
[9] Wijeysundera, D.N., Pearse, R.M., Shulman, M.A., Abbott, T.E., Torres, E., Ambosta, A., Farrington, C. 2018. Assessment of functional capacity before major non-cardiac surgery: An international, prospective cohort study. The Lancet, 391(10140): 2631-2640.
[10] Yermak, N., Pliya, P., Beaucour, A. L., Simon, A., Noumowé, A. 2017. Influence of steel and/or polypropylene fibres on the behavior of concrete at high temperature: Spalling, transfer and mechanical properties. Construction and Building Materials, 132: 240-250.
Published
2021-12-31
How to Cite
ADEL, Necib; FATMA, Khalfallah; ANIS, Jarboui. Impact of Good Governance on the Performance of Tunisian Companies Listed on the BVMT (Bourse des Valeurs Mobilières de Tunis). Journal of Advanced Research in Management, [S.l.], v. 12, n. 2, p. 39 - 46, dec. 2021. ISSN 2068-7532. Available at: <https://journals.aserspublishing.eu/jarm/article/view/6728>. Date accessed: 19 apr. 2024.