Role of Corporate Governance in Firm “Performance and Ownership Structure”: Evidence from Listed Food Companies in Pakistan
Journal: International Journal of Economics and Financial Research (Vol.4, No. 6)Publication Date: 2018-06-15
Authors : Tabinda Qureshi; Waqas Mahmood;
Page : 188-196
Keywords : Firm performance; Board size; Corporate governance; PSX; Board composition; Audit committee; Net profit ratio; Rate of return.;
- Role of Corporate Governance in Firm “Performance and Ownership Structure”: Evidence from Listed Food Companies in Pakistan
- The Effect of Corporate Governance on Firm Financial Performance with Mediating Role of Earnings Management: Evidence from Pakistan Stock Exchange
- The Influence of Ownership Structure and Corporate Governance to Investment Decision Companies Listed on Indonesian Stock Exchange
- Corporate Governance and Firm Performance: Empirical Evidence from Pakistan & India
- The Moderating Role of Good Corporate Governance on Corporate Social Responsibility and Firm Performance: Evidence from Indonesian Banking Industry
Abstract
This study aims at examining the impact of the ownership structure on the overall performance of listed companies in Pakistan to specify how different ownership structures and corporate governance culture differ from each other and thus explores the effects of different ownership structures and corporate governance on the performance of companies' productivity. In order to compare Returns on Investment (ROI) and Returns on Equity (ROE) of the five (5) listed food companies in Pakistan were calculated using secondary data from the audited financial reports of such companies based on their annual reports between 2007 and 2016. During this research for the analysis of gathered data, regression model was used with the assistance of EViews in order to examine the relationship between the corporate governance mechanism including board is size, board composition, and audit committee and the performance variables including Net Profit Ratio (NPR) and Rate of Return (RoR). The findings of the our study are consistent with the reviewed literature, as the performance of firms (in terms of return on assent and net profit ratio) does not seem to be dependent on the board size, composition, and audit committee composition of firms.
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Last modified: 2018-11-06 18:06:09