Acta Scientific Computer Sciences

Research Article Volume 4 Issue 6

Corporate Governance System and Firm Financial Performance

Tariq Tawfeeq Yousif Alabdullah1*, Essia Ries Ahmed2 and Abdulkarim Kanaan-Jebna3

1Accounting Department, College of Administration and Economics, University of Basrah, Iraq
2Collage of Economics, Mangement and Information Systems, University of Nizwa, Oman
3School of Information and Communication Technology, Universiti Tunku Abdul Rahman, Malaysia

*Corresponding Author: Tariq Tawfeeq Yousif Alabdullah, Accounting Department, College of Administration and Economics, University of Basrah, Iraq.

Received: April 24, 2022; Published: May 30, 2022


This study review the systematic understanding between the link between corporate governance system and companies’ financial performance from theoretical and practical perspective based on dealing with the concepts, theories and evidence that done in the previous studies in the literature review regarding corporate governance and its mechanisms as internal control system and its impact on firm financial performance. The current research brings about many explanations regarding the mechanisms role of corporate governance like the size of board of directors, independency and CEO duality and their impact on the firm financial performance. The present study recommended that the internal controls mechanisms and board features are crucial for reaching good corporate governance. Previous studies in the literature revealed admit that corporate governance’s mechanisms improve firm financial performance. Thus, the current study revealed the significance role of internal controls mechanisms for the success of companies.

Keywords: Corporate Governance Mechanisms; Firm Performance; Related Theories


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Citation: Tariq Tawfeeq Yousif Alabdullah., et al. “Corporate Governance System and Firm Financial Performance". Acta Scientific Computer Sciences 4.6 (2022): 97-103.


Copyright: © 2022 Tariq Tawfeeq Yousif Alabdullah., et al. This is an open-access article distributed under the terms of the Creative Commons Attribution License, which permits unrestricted use, distribution, and reproduction in any medium, provided the original author and source are credited.


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