Abstract

Background of the Study : The term #x201C;corporate governance#x201D; came into popular use in the 1980's to broadly describe the general principles by which the business and management of companies were directed and controlled. Further, Governance may be said to be all about effective, transparent and accountable administration of affairs of an institution by its management, while protecting the interests of its stakeholders including shareholders, creditors, regulators and the public. Objective : The objectives of the study are to find out the relationship between corporate governance practices firm performance; to examine the impact of corporate governance on firm performance in listed banks, SriLanka in the years of 2006, 2007, 2008, 2009, and 2010.