The impact of corporate governance mechanisms on financial performance An applied study of a sample of banks in Iraq for the period (2010-2020)

Abstract

In recent years, interest has increased in the concept of corporate governance and on all sectors, and the banking sector in particular, due to the importance of its role in enhancing and improving financial performance, enhancing disclosure and transparency, and providing reliable financial statements. In its theoretical framework, the study aimed to present a conceptual approach to corporate governance and its importance, as well as the concept of financial performance, and then to know the extent of the impact of corporate governance represented by its internal mechanisms (board independence, executive director compensation, and internal audit) on financial performance.

In its analytical aspect, the study concluded that the relationship between corporate governance and financial performance is a positive relationship, and that governance mechanisms have a direct impact on financial performance.