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Corporate Governance Under Multi- Theoretical Perspective

Author

Listed:
  • Muhammad Hassan

    (Institute of Management Sciences, Bahauddin Zakariya University, Multan)

  • Muhammad Rizwan

    (Institute of Management Sciences, Bahauddin Zakariya University, Multan)

Abstract

This study examines the impact of corporate governance reforms SECP code in Pakistan on board structural characteristics, board roles and firm performance.It uses an exclusive balanced panel data set of 200 companies listed on Karachi Stock Exchange.The study contributes to a sparse empirical literature on boards using data from Pakistan via multitheoretic perspective to prove that if the boards’ monitoring and resource provision roles are strengthened through board restructuring, the financial performance of the organization will be strengthened.The main findings of the study indicate that the mediated relationship between board structural variables and firm performance is stronger.The study concludes that overall companies adopted a boxticking approach for reporting corporate governance.

Suggested Citation

  • Muhammad Hassan & Muhammad Rizwan, 2016. "Corporate Governance Under Multi- Theoretical Perspective," IBT Journal of Business Studies (JBS), Ilma University, Faculty of Management Science, vol. 12(2), pages 68-86.
    • Handle: RePEc:aib:ibtjbs:v:12:y:2016:i:2:p:68-86
    DOI: https://doi.org/10.46745/ilma.ibtjbs.2016.122.5
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    References listed on IDEAS

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    Cited by:

    1. Sattar Khan & Yasir Kamal & Shahid Hussain & Muhammad Abbas, 2022. "Corporate governance looking back to look forward in Pakistan: a review, synthesis and future research agenda," Future Business Journal, Springer, vol. 8(1), pages 1-32, December.

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