IMPACT OF CORPORATE GOVERNANCE ON THE FINANCIAL PERFORMANCE OF ISLAMIC BANKS IN PAKISTAN

Authors

  • Taimoor Ali Shah PhD candidate, Qurtuba University of Science and Information Technology, Peshawar, Pakistan Lecturer NCS University System Peshawar, Pakistan
  • Dr. Naveed Shehzad Associate Professor Qurtuba University of Science and IT Peshawar, Pakistan
  • Umair Ahmad Lecturer Qurtuba University of Science and Information Technology, Peshawar, Pakistan
  • Wajid Mehmood PhD candidate, Qurtuba University of Science and Information Technology, Peshawar, Pakistan, Lecturer NCS University System Peshawar, Pakistan

Keywords:

Corporate Governance, Board Size, Female Director, Age of Experience, Firm Size, Productivity

Abstract

The objective of the study was to examine the impact of corporate governance on the financial performance of Islamic banks working in Pakistan. The population of the study was Islamic banks working in Pakistan and seven (7) Banks were selected as a sample size through simple random sampling technique. The dependent variable was return on assets while independent variables were board size, female director, age of experience, firm size and productivity. Data was collected from the annual reports of Islamic banks websites for the year 2017 to 2021. Panel Diagnostic Test, regression analysis and correlation matrix were used for analysis. Results reflect that firm size, board size and productivity were found positively significant. Whileageof experience was inversely significant and female director was found statistically insignificant. The magnitude of firm size was high as compared to other significant variables. However, female director was found insignificant so it has no impact on return on assets.

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Published

2022-09-30

How to Cite

Ali Shah, T. ., Shehzad, D. N. ., Ahmad, U. ., & Mehmood, W. . (2022). IMPACT OF CORPORATE GOVERNANCE ON THE FINANCIAL PERFORMANCE OF ISLAMIC BANKS IN PAKISTAN. The Journal of Contemporary Issues in Business and Government, 28(3), 97–111. Retrieved from https://cibgp.com/au/index.php/1323-6903/article/view/2361