Takele Fufa (PhD)Melkamu Getachew Demeke2025-03-062025-03-062023-11-13https://etd.aau.edu.et/handle/123456789/4986The main objective of the study is to examine the effect of corporate governance on financial performance of firms (case of insurance companies in Ethiopia). The study employed explanatory research design and quantitative research approach with an econometric panel data of 10 sampled insurance companies purposely chosen based on work experience and data availability that covers the period 2018 to 2022. Board size, board remuneration, debt financing, firm size, meeting frequency, executives’ compensation and product market competition as corporate governance variables and return on equity as financial performance measurement variable. It found that board size, board remuneration and debt financing have positive but insignificant effect on the performance of insurance companies while firm size and frequency of board meetings have negative but insignificant effect on the performance of insurance companies in Ethiopia. Whereas executives’ compensation and product market competition have positive and significant effect on the performance of insurance companies. Concluded board size, board remuneration, debt financing, firm size and frequency of board meetings have insignificant relationship with performance of insurance companies in Ethiopia. However, executives’ compensation and product market competition have positive and significant effect on the performance of insurance companies.en-USThesis