European Journal of Business and Management · 2013 · 43 citations · 10 references
ManagementBusiness EconomicsCorporate GovernanceCorporate FinanceCorporate StrategyPerformance MeasurementBoard CompositionBoard GovernanceBoard OversightBoard StructureCorporate Governance MechanismsOwnership StructureBoard CharacteristicsBoard Composition EffectsChair-ceo DualityFirm Financial PerformanceFirm PerformanceGovernance MechanismsPanel Data RegressionSugar Mills
This paper examines the impact of corporate governance mechanisms (Board Size, Board Composition, and CEO/Chairman Duality) on firm performance (Return on Asset) in sugar industry of Pakistan. The data of corporate governance mechanisms (Board Size, Board Composition, and CEO/Chairman Duality) collected from 12 listed sugar mills of Pakistan from 2005 to 2010. Using panel data methodology as a method of estimation Arithmetic mean, ANOVA and t-test applied on data by using SPSS. The results raveled that there is a significant impact of corporate governance on firm performance. Results further reveal that there is a significant impact of board size, CEO/Chairman Duality on ROA, and there is insignificant impact of Board Composition on ROA. Keywords: Corporate governance, Board of director, firm performance
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