RESULTS AND ANALYSIS
In this section, we are going to do the analysis of collected data on the impact corporate governance has on firm performance. Selected data is going to be analyzed by using the statistical package for social sciences SPSS tool and some little application of excel spreadsheet documental analysis. Therefore various analysis carried out on the data will involve time variations and basic statistical studies and hypothetical relations. The set of data presents hypothesis test that needs to be analyzed based on the type of variable in question. The following section shows the set of variables that are going to be analyzed based on the relationship between corporate governance and firm performance. The following table shows correlation between various factors used during analysis:
board size meetings market c shareholder ROE current a/b common equity dividend
Column 1 1
Column 2 0.0687381 1
Column 3 0.3371101 0.006101 1
Column 4 0.1854222 0.023745 0.819656 1
Column 5 0.0007455 0.053883 -0.02193 -0.0951914 1
Column 6 -0.1553834 0.319156 -0.13782 -0.0990739 -0.07128 1
Column 7 0.0993255 0.060874 -0.07337 -0.0625277 0.024314 -0.0665342 1
Column 8 0.27941 -0.06577 0.377783 0.40120294 -0.03196 -0.3556128 0.109564751 1
Table 1: Table of correlation
