Does corporate governance and balance sheet feature influence the financial policy of cooperatives? PLS-SEM approach
Ayalew Ali,
Bayelign Abebe
Abstract:Effective financial policy minimizes business risk, increases the net present value of the Company’s investment programs and increases value for shareholders. However, the impact hasn’t yet been examined in the research area. The purpose of this study is to empirically investigate, how corporate governance and balance sheet aspects affect the financial policy of cooperatives in south-western Ethiopia using the PLS-SEM model. Information covering three years from 2020 to 2022 was gathered from 145 cooperatives.… Show more
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