Yohannes Workaferahu (PhD)Abebe Sisay2024-02-192024-02-192022-01-02https://etd.aau.edu.et/handle/123456789/1848Corporate governance is considered as the most efficient way of supervising the operations of a firm and ensuring the main goal of a firm to maximize shareholders wealth is taken care of. The study aimed to determine the impact of corporate governance mechanisms on the performance of insurance companies in Ethiopia. The study adopted an explanatory research design and a sample Size of 160 respondents comprising staff was selected using purposive sampling. The study used questionnaires as a tool for data collection. The data was analyzed using Microsoft excel and SSPS version 26. The study comprised of 16 insurance companies specifically, this study examined Board size, Board diversity, Board meetings frequency, number of board committee, audit committee, Board educational qualification, Board industry specific experience and their Relationship with organizational performance of insurance companies in Ethiopia. Pearson correlation and multiple linear regression analysis were employed to estimate the causal relationships between corporate governance mechanisms and firm performance. Finally, the responses of the respondents were analyzed using descriptive Statistics, correlation, and regression. The finding of the study revealed that all corporate governance mechanisms have statistically significant and positive effect on firm’s performance. The overall finding of the study suggests that corporate governance mechanisms play important roles in determining organizational performance of insurance companies in Ethiopia. The study concludes that there is a strong relationship that exists between corporate governance mechanisms and firm performance. Therefore, the study recommends that shareholders should put a lot of emphasis on corporate governance mechanisms so as to enhance firm performance.enThesis