Department of Management Science

Permanent URI for this communityhttps://repository.cuilahore.edu.pk/handle/123456789/20

Browse

Author: search.filters.author.Dr. Waheed AkhterSubject: search.filters.subject.FA19

Search Results

Now showing 1 - 2 of 2
  • No Thumbnail Available
    Item
    Impact of Corporate Governance on Risk Management and Financial Performance: Evidence from SAARC Region
    (Library Information Services, COMSATS University Islamabad, Lahore Campus, 2023) Noreena Ilyas; FA19-RMS-019; Dr. Waheed Akhter
    The importance of corporate governance has grown in South Asian countries due to the rising demand for cash and other financial resources from businesses. A risk management committee may be formed, and bank performance can be sustained through good corporate governance, administering an organization following the laws and regulations. This study aims to explore the relationship between corporate governance, risk management, and financial efficiency in both Islamic and traditional banks. With the growing interest in the financial performance of banks, it is important to understand the impact of these factors on the overall efficiency of banks. The study analyzed the influence of corporate governance and risk management on the performance of both Islamic and conventional banks, taking into account bank size as control variable. Good corporate governance practices can improve the risk management of banks and enhance their overall financial performance. Risk management is another important factor that affects the financial performance of banks. Effective risk management practices help banks to identify, assess, and manage potential risks that can impact their financial performance. This study will provide the deep insight of the impact of corporate governance and risk management on the financial performance of banks in SAARC region by taking the data of Islamic and conventional banks from seven countries. Fixed effect regression analysis will be used to find the results. Finally, the study provides recommendations for regulators and policy makers on ways to improve the financial efficiency of banks by increasing their size and internal governance. The findings of the study will be useful for policymakers, regulators, and banks in developing strategies to improve the financial performance of banks, and to promote the stability and prosperity of the banking sector
  • No Thumbnail Available
    Item
    Impact of Corporate Governance on Firm’s Performance During the COVID-19 Pandemic: Evidence from Islamic and Conventional Firms
    (Library Information Services, COMSATS University Islamabad, Lahore Campus, 2023) Naeem Iqbal; FA19-RMS-018; Dr. Waheed Akhter
    Purpose – The present research aims to determine the impact of Corporate Governance most significant attribute board diversity on firm’s performance in the context of Islamic and Conventional non-financial firms in Pakistan in Pre and during Covid-19 period. Design/methodology/approach – The analysis are made using the 130 non-financial firms comprises of 51 Islamic firms listed in the KMI-30 and KMI all shares index, and 79 conventional firms listed in the Pakistan Stock Exchange across various indexes over the period of 2011-2020 utilizes the OLS and panel fixed effect estimation technique for analysis. The robustness of findings is checked through alternative estimation techniques. Findings – The results show that in Islamic firms, board tenure diversity positively while board gender diversity has negative impact on performance. In conventional firms, board education and tenure diversity positively impact performance, while board age diversity has a negative impact. In Pre-Covid-19, board tenure diversity positively while age is negatively affected performance in Islamic firms. During Covid-19, board education diversity positively influenced Islamic firm performance. In Pre and during-Covid-19, board tenure diversity positively affected performance in conventional firms. During Covid-19 only gender diversity negatively affected performance in conventional firms. Other diversity indicators are insignificant in both Islamic and Conventional firms. Research limitations/implications – This study is conducted in the context of Pakistani Islamic and Conventional firms; thus, the study's findings on board diversity in Pakistani Islamic and conventional non-financial firms may not apply universally. Generalizing these findings should be approached cautiously due to distinct institutional and governance frameworks across economies. Practical implications – To enhance firms' competitive performance, policymakers should promote the incorporation of board members with diverse tenures and educational backgrounds in Conventional firms while diverse tenures in Islamic firms that align with the organization's needs. By adopting the education and tenure wise diverse board structure, firms can attract a wide range of stakeholders and effectively meet their expectations, thereby improving overall firm performance. x Originality/value – To the best of the authors’ knowledge, this is the first study that investigates the impact of board diversity on firm accounting-based performance and market-based performance in the context of Islamic and Conventional firms in Pakistan. This study uses RBV theory to provide a unique corporate governance structure based on board diversity, particularly in Pakistan.