The present research gives an insight on the connection between corporate governance and\nfinancial performance, using companies from technology sector listed on NASDAQ, during\n2010-2013. Financial performance was measured using as proxy the return on equity\n(ROE) and the return on assets (ROA). For the corporate governance measures there were\nselected variables as seniority, duality, and remuneration of the CEO, independence, size\nand gender diversity related to Boards of Directors. For empirical tests we used multivariate\nregression models, generalized least squares (GLS) and standard error correction for\nheteroskedasticity using White's method. The results have confirmed the influence of mixed\ncorporate governance variables on financial performance indicators at the company level.\nWe obtained in both models a positive influence on financial performance from variables\nage, years listing and CEO's remuneration with bonuses. We obtained negative influence for\nthe variables size / independent members of the Board of Directors and for the CEO duality.\nThe difference between the two models was marked by the positive influence of the\npercentage of women in the Board of Directors' members and the CEO salary on ROA. The\nRisk Commitee variable had a negative influence on ROE. The control variables had a\npositive influence only on the ROE model. The final conclusions highlight issues related to\nhuman nature such as the lack of fear for penalty, which can lead to the loss of use of\nrationality and morality. Exploring the corpoarte governance, there can be identified facts\nwhich can lead to dangerous behavior if eople have a significant decision-making power.
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