Corporate Governance and Firm Performance in Pakistan: Dynamic Panel Estimation
Tanveer Ahmad and
No 6, CAFE Working Papers from Centre for Applied Finance and Economics (CAFE), Birmingham City Business School, Birmingham City University
The purpose of this research is to analyze the association between corporate governance and firm performance. Specifically, it examines the impact of CEO duality on board characteristics and its relationship with firm performance through dynamic penal estimation. Findings of this research are based on a sample of 230 listed non-financial firms over the period 2004-2014. We document that the corporate governance plays a pivotal role in determining the financial performance of firms operating in Pakistan. Consistent with past studies, findings of this research also show some statistical variations among the sampled firms (large and small size). The CEO duality compromises the efficiency of board independence. Further, the non-linear relationship of managerial ownership with performance is also depicted through the results of this study.
New Economics Papers: this item is included in nep-bec, nep-cfn, nep-cse and nep-sbm
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1) Track citations by RSS feed
Downloads: (external link)
https://www.open-access.bcu.ac.uk/10371/1/20201109 ... %20in%20Pakistan.pdf
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:akf:cafewp:6
Access Statistics for this paper
More papers in CAFE Working Papers from Centre for Applied Finance and Economics (CAFE), Birmingham City Business School, Birmingham City University Birmingham City Business School, The Curzon Building, 4 Cardigan Street, Birmingham, B4 7BD, United Kingdom. Contact information at EDIRC.
Bibliographic data for series maintained by Research Publications Librarian ().