Corporate governance and firm performance in Pakistan: The case of Karachi Stock Exchange (KSE)-30
This paper examine the relationship between four important corporate governance mechanisms (board size, board composition, CEO/chairman duality and audit committee) and two firm performance measures (return on equity, ROE, and profit margin, PM), for a sample of 30 Pakistani listed firms between 20...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
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Academic Journals Inc.,
2011
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| Subjects: | |
| Online Access: | http://ir.unimas.my/id/eprint/17970/ http://ir.unimas.my/id/eprint/17970/1/Corporate.pdf |
| _version_ | 1848838407840595968 |
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| author | Qaiser Rafique, Yasser Harry, Entebang Shazali, Abu Mansor |
| author_facet | Qaiser Rafique, Yasser Harry, Entebang Shazali, Abu Mansor |
| author_sort | Qaiser Rafique, Yasser |
| building | UNIMAS Institutional Repository |
| collection | Online Access |
| description | This paper examine the relationship between four important corporate governance mechanisms (board
size, board composition, CEO/chairman duality and audit committee) and two firm performance measures (return on equity, ROE, and profit margin, PM), for a sample of 30 Pakistani listed firms between 2008 and 2009. The results provide evidence of a positive significant relationship between ROE and PM and three corporate governance mechanisms (board size, board composition and audit
committee). The implication of this is that, the board size should be limited to a sizeable limit and board
must be a right mixture of executive and non-executive directors. The study, however, could not provide a significant relationship between the two performance measures (ROE and PM) and CEO/Chairman duality. These results are consistent with prior empirical studies. |
| first_indexed | 2025-11-15T06:55:04Z |
| format | Article |
| id | unimas-17970 |
| institution | Universiti Malaysia Sarawak |
| institution_category | Local University |
| language | English |
| last_indexed | 2025-11-15T06:55:04Z |
| publishDate | 2011 |
| publisher | Academic Journals Inc., |
| recordtype | eprints |
| repository_type | Digital Repository |
| spelling | unimas-179702021-05-24T07:03:41Z http://ir.unimas.my/id/eprint/17970/ Corporate governance and firm performance in Pakistan: The case of Karachi Stock Exchange (KSE)-30 Qaiser Rafique, Yasser Harry, Entebang Shazali, Abu Mansor H Social Sciences (General) This paper examine the relationship between four important corporate governance mechanisms (board size, board composition, CEO/chairman duality and audit committee) and two firm performance measures (return on equity, ROE, and profit margin, PM), for a sample of 30 Pakistani listed firms between 2008 and 2009. The results provide evidence of a positive significant relationship between ROE and PM and three corporate governance mechanisms (board size, board composition and audit committee). The implication of this is that, the board size should be limited to a sizeable limit and board must be a right mixture of executive and non-executive directors. The study, however, could not provide a significant relationship between the two performance measures (ROE and PM) and CEO/Chairman duality. These results are consistent with prior empirical studies. Academic Journals Inc., 2011 Article PeerReviewed text en http://ir.unimas.my/id/eprint/17970/1/Corporate.pdf Qaiser Rafique, Yasser and Harry, Entebang and Shazali, Abu Mansor (2011) Corporate governance and firm performance in Pakistan: The case of Karachi Stock Exchange (KSE)-30. Journal of Economics and International Finance, 3 (8). pp. 482-491. ISSN 2006-9812 http://www.academicjournals.org/JEIF |
| spellingShingle | H Social Sciences (General) Qaiser Rafique, Yasser Harry, Entebang Shazali, Abu Mansor Corporate governance and firm performance in Pakistan: The case of Karachi Stock Exchange (KSE)-30 |
| title | Corporate governance and firm performance in
Pakistan: The case of Karachi Stock Exchange (KSE)-30 |
| title_full | Corporate governance and firm performance in
Pakistan: The case of Karachi Stock Exchange (KSE)-30 |
| title_fullStr | Corporate governance and firm performance in
Pakistan: The case of Karachi Stock Exchange (KSE)-30 |
| title_full_unstemmed | Corporate governance and firm performance in
Pakistan: The case of Karachi Stock Exchange (KSE)-30 |
| title_short | Corporate governance and firm performance in
Pakistan: The case of Karachi Stock Exchange (KSE)-30 |
| title_sort | corporate governance and firm performance in
pakistan: the case of karachi stock exchange (kse)-30 |
| topic | H Social Sciences (General) |
| url | http://ir.unimas.my/id/eprint/17970/ http://ir.unimas.my/id/eprint/17970/ http://ir.unimas.my/id/eprint/17970/1/Corporate.pdf |