Sample size of 188 companies from six emerging markets Results reveal that there is a positive correlation between

the two. Corporate Governance increase market valuation in three following ways:
Increasing Financial Performance Increasing Investor confidence Transparency in dealings

Accountability: Transparent Ownership, Board Size, Board Accountability Disclosure & Transparency of the Board Shareholder equality

Companies with good corporate governance practices have high price to book values. It also revealed that investors are willing to pay a premium of as much as 28% for shares of such companies. Corporate Governance is concerned with holding balance between economic and social goals.