Degree
Master of Science in Islamic Banking & Finance
Department
Department of Finance
Faculty/ School
School of Business Studies (SBS)
Date of Submission
Spring 2022
Supervisor
Haroon Tabraze, Adjunct Faculty, Department of Accounting & Law
Committee Member 1
Dr. Karim Ullah, Institute of Management Sciences
Committee Member 2
Dr. Shabeer Khan, Sakarya University, Turkey
Abstract
The main objective of the research is to find the impact of corporate governance variables on the difference of Investment Account Holder (IAH) and Shareholders rates of return. The study adopted explanatory sequential mixed research design to find the effect. Quarterly secondary data from December 2015 to March 2021 was obtained from 15 banks offering Islamic banking services in Pakistan to evaluate the impact. Moreover, qualitative data was collected through semi structured interviews with 6 internal and 2 external stakeholders involved in distribution and verification of profit and loss to the depositors. Results of the study revealed that Proportion of Non-Executive Directors on the board (PNED) has significant negative, Board Size (BS) has insignificant negative, and Chairman Independence (CI) has significant positive effect on difference of IAHs and shareholders rates of return. The results of the study clarify that close attention must be given by regulator (SBP) and policy makers to design the governance model for Islamic banks which represents IAHs in Board of Directors (BOD) and safeguards the interest of IAHs.
Document Type
Restricted Access
Submission Type
Thesis
Recommended Citation
Shaf, M. (2022). Effect of board attributes on the difference of investment account holder and shareholder rates of return (an explanatory sequential study of Islamic Banks in Pakistan) (Unpublished graduate thesis). Institute of Business Administration, Pakistan. Retrieved from https://ir.iba.edu.pk/etd-ms-ibf/25
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