IMPACT OF CORPORATE GOVERNANCE ON FINANCIAL PERFORMANCE OF SELECTED COMPANIES IN PHARMA SECTOR

The purpose of this paper is to examine the extent to which corporate governance have impact on financial
performance of selected companies in pharma sector . The study analyses whether there is any significant
relationship between the board meeting, board size, board committee and composition of board with ROCE
& EPS of the selected pharma companies. The paper studies the annual reports of top 5 large cap companies,
mid cap companies, small cap companies. The study period considered for one year i.e., 2020 to 2021.The
score is given on a three-point scale from 0 to 2 . The study shows there is no significant impact of corporate
governance on financial performance of selected companies in pharma companies irrespective of their market
capitalisation . The selected companies have impressive level of corporate governance practices and all
companies follows SEBI LODR regulations 2015 which is mandatory to be followed by all listed companies.