IDEAS home Printed from https://ideas.repec.org/a/ksb/journl/v6y2013p114-123.html
   My bibliography  Save this article

Managing Risk Factors through Corporate Governance for Financial Institutions of Pakistan

Author

Listed:
  • Asim Nasar

    () (Khadim Ali Shah Bukhari Institute of Technology (KASBIT), Karachi, Pakistan.)

  • Muhammed Saleem Mugheri

    () (Institute of Business and Technology (IBT), Karachi, Pakistan.)

  • Zeeshan Rahaman

    () (Federal Urdu University of Arts Science and Technology, Karachi, Pakistan.)

Abstract

Managing risk factors in financial organizations has gained more importance in recentyears because of financial crisis after recession. The purpose of study is to identify the challenges and their proposed solutions to handle the crisis under umbrella of good governance practices. The specific objective of this study is to find out the factors and challenges that effect the business of financial institutions via practicing the good governance. In accordance to this critical situation has been evaluated with the help of risk regulatory model that covers the identifying, measuring evaluating and monitoring techniques for financial institutions in Pakistan.This study also emphasis on strategies and ways to eliminate organizational internal and external risk factors through policies and modifying business models in order to get the sustainable business position and organization growth. The research findings based upon the systematic review of literature and qualitative survey from the industrial experts. This study reveals that the risk factors directly associated with the sustainable business growth when organization pays worthy attention towards the corporate governance. It also empowered the organization to build a wealthy relationship with the customers and helps to retain the small investment of customer with diversified banking products.

Suggested Citation

  • Asim Nasar & Muhammed Saleem Mugheri & Zeeshan Rahaman, 2013. "Managing Risk Factors through Corporate Governance for Financial Institutions of Pakistan," KASBIT Business Journals, Khadim Ali Shah Bukhari Institute of Technology (KASBIT), vol. 6, pages 114-123, December.
  • Handle: RePEc:ksb:journl:v:6:y:2013:p:114-123
    as

    Download full text from publisher

    File URL: http://kasbit.edu.pk/kbjvol6/10-Good%20Governance%20Practices%20%E2%80%93%20Works%20as%20a%20Catalyst%20towards%20managing%20accounting%20risk%20and%20control%20strategy.pdf
    Download Restriction: no

    References listed on IDEAS

    as
    1. Lambert, Richard A., 2001. "Contracting theory and accounting," Journal of Accounting and Economics, Elsevier, vol. 32(1-3), pages 3-87, December.
    2. Isabelle Huault & V. Perret & S. Charreire-Petit, 2007. "Management," Post-Print halshs-00337676, HAL.
    Full references (including those not matched with items on IDEAS)

    More about this item

    Keywords

    Governance practices; Risk management and Control; Financial Institution.;

    JEL classification:

    • D81 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Criteria for Decision-Making under Risk and Uncertainty
    • M54 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Personnel Economics - - - Labor Management

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ksb:journl:v:6:y:2013:p:114-123. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Yasir Jaseem) or (Bamadev Paudel). General contact details of provider: http://edirc.repec.org/data/fmkaspk.html .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.