ISSN 2756-3383
Frontiers of Library, Information and Computer Sciences ISSN 5721-610X Vol. 1 (1), pp. 013-021, December, 2015. © International Scholars Journals
Full Length Research Paper
A study of the impact of corporate governance on family and non-family controlled companies’ performance in Pakistan
Abdul Aziz Ibrahim
Faculty of Economics and Business, University Malaysia Sarawak, Malaysia. Email: [email protected].
Accepted 15 November, 2015
Abstract
This study aims to examine the impact of corporate governance on family and non-family controlled companies’ performance in Pakistan. The sample size of this study is 792 companies listed on Karachi Stock Exchange from 2003 to 2008. The findings reveal that corporate governance structure influences the family and non-family controlled companies’ performance. However all corporate governance mechanisms are not significant. The significant variables differ between family and non-family controlled companies. Thus, regulators need to be vigilant that family and non-family controlled companies practice differently and to set different codes for each type of companies.
Key words: Corporate governance, performance, family-controlled companies.