Relationship of corporate governance and firm performance: investigation from textile sector of Pakistan

Faculty / School

Faculty of Computer Sciences (FCS)

Department

Department of Computer Science

Was this content written or created while at IBA?

Yes

Document Type

Conference Paper

Publication Date

1-1-2018

Conference Name

31st International Business Information Management Association Conference, IBIMA 2018

Conference Location

Milan, Italy

Conference Dates

25-26 April 2018

ISBN/ISSN

85060805540 (Scopus)

First Page

4891

Last Page

4902

Publisher

International Business Information Management Association (IBIMA)

Abstract / Description

This paper investigates the relationship between corporate governance and firm performance with evidence from top 10 listed textile companies on Pakistan Stock Exchange. Three important corporate governance mechanisms (board size, board composition, and audit committee composition) and two performance measures (return on assets and net profit ratio) are used to investigate the relationship. The finding from our study concluded that there is no direct relationship between any of the three corporate governance variables (board size, board composition, and audit committee composition) on either of the two performance variables (return on assets and net profit ratio). These results are consistent with findings of many previous studies conducted in developing countries. Future studies can investigate different industries and compare the results with this paper.

Citation/Publisher Attribution

Azhar, K. A., & Mehmood, W. (2018). Relationship of corporate governance and firm performance: Investigation from textile sector of Pakistan.

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