Does Corporate Governance Affect Performance? Evidence from the Textile Sector of Pakistan

Impact of accounting information system on corporate governance: evidence from Pakistani textile sector

International Journal of Law and Management ◽

10.1108/ijlma-07-2020-0212 ◽

2021 ◽

Vol ahead-of-print (ahead-of-print) ◽

Author(s):

Samza Fatima ◽

Muhammad Ishtiaq ◽

Adnan Javed

Keyword(s):

Corporate Governance ◽

Textile Industry ◽

Accounting Information ◽

Business Environment ◽

Point Of View ◽

Primary Data ◽

Specific System ◽

Content Type ◽

Accounting Information Systems ◽

Textile Sector

Purpose Efficient corporate governance is always important to safeguard the interest of all the stakeholders in the business environment. Therefore, this study focuses on the investigation of the relationship between accounting information systems (AIS) and corporate governance in the textile sector of Pakistan. The textile sector is the backbone of the Pakistani economy and has an important contribution toward the gross domestic product and as well as exports of the country. Design/methodology/approach The data were collected from the finance managers with the sample size of 300 firms of All Pakistan textile mills association, self-delivery and collection method used. Both descriptive and inferential statistics used to analyze data through the Statistical Package for Social Sciences 23. Findings The findings of this study proved that AIS has a significant impact on corporate governance. It is important from the management point of view to record the daily transaction in a better way with the use of a specific system and every member uses the computerized system to accomplish their tasks in the organization. Originality/value The textile industry is the backbone of Pakistan’s economy. The study conducted in this paper by primary data and drawing original contributions in the existing literature. Moreover, the findings of this study are going to have considerable theoretical and practical implications for the market.

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The mediating role of innovation between corporate governance and organizational performance: Moderating role of innovative culture in Pakistan textile sector

Cogent Business & Management ◽

10.1080/23311975.2019.1631018 ◽

2019 ◽

Vol 6 (1) ◽

pp. 1631018 ◽

Cited By ~ 4

Author(s):

Sajjad Nawaz Khan ◽

Rai Imtiaz Hussain ◽

Shafique -Ur-Rehman ◽

Muhammad Qasim Maqbool ◽

Engku Ismail Engku Ali ◽

...

Keyword(s):

Corporate Governance ◽

Organizational Performance ◽

Mediating Role ◽

Innovative Culture ◽

Moderating Role ◽

Textile Sector

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The Influence of Governance on Intellectual Capital in Textile Industry

International Journal of Business and Society ◽

10.33736/ijbs.3220.2020 ◽

2021 ◽

Vol 21 (1) ◽

pp. 1-24

Author(s):

Ramla Sadiq ◽

Safia Nosheen ◽

Waseem Akhtar

Keyword(s):

Corporate Governance ◽

Intellectual Capital ◽

Audit Committee ◽

Random Effect ◽

Empirical Work ◽

Value Added ◽

Future Research ◽

Governance Index ◽

The Impact ◽

Textile Sector

This study is aimed to evaluate the impact of corporate governance index on intellectual capital performance by developing the index from five sub-indices and incorporating the value-added intellectual coefficient (VAIC) methodology for intellectual capital performance. Fixed and Random Effect Regression techniques have been used to analyze the data of the textile sector in Pakistan from 2010 to 2014. The findings suggest a negatively significant impact of corporate governance index on intellectual capital performance while sub-indices give mixed results. The study also investigates the relationship of individual variables in each sub-index with performance and results show a significant relationship for five variables namely independent director, independent audit committee, foreign shareholders ownership, gratuity, and remuneration committee.This study contributed empirical work in the literature of corporate governance and intellectual capital performance.The outcomes of this study can be used by policymakers as an attempt to boost the performance of the textile sector. A modified value-added intellectual coefficient (M-VAIC) methodology can be used in future research.

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The effect of corporate governance and financial leverage on efficiency of Pakistan textile sector

Independent Journal of Management & Production ◽

10.14807/ijmp.v12i1.773 ◽

2021 ◽

Vol 12 (1) ◽

pp. 201-218

Author(s):

Seema Chandani ◽

Nawaz Ahmed

Keyword(s):

Corporate Governance ◽

Audit Committee ◽

Stock Exchange ◽

Control Variable ◽

Annual Reports ◽

Regression Result ◽

Financial Leverage ◽

Board Size ◽

Return On Equity ◽

Textile Sector

This research observes the effect of corporate governance and financial leverage on the efficiency of listed companies in Pakistan. The variables return on assets and return on equity are chosen as the firm’s efficiency of the textile sector for this research. Measures of corporate governance used are board size, director’s remuneration, and Audit committee members, whereas financial leverage is used as a control variable. The data of corporate governance, financial leverage, and efficiency variable are composed of annual reports of the top ten listed textile companies from Karachi stock exchange. The research consists of the period from 2012 to 2017. Panel data is used to examine four hypotheses and to test the significance of corporate governance and financial leverage on a firm's performance the OLS regression models are applied. The finding of this study revealed that board size, audit committee, director's remuneration is positively correlated with a firm's performance ROA and ROE, and conversely, financial leverage is negatively correlated with a firm's performance. Overall regression result of this study discovered that the audit committee members and financial leverage are statistically insignificant, whereas board size and director’s remuneration are statistically positive significant. This concludes that there is no significant association between corporate governance and firm’s performance as well as financial leverage with the firm's performance. The sample size of this study was small and this research is limited to the textile sector of Pakistan. Future researchers may have included more determinants of corporate governance such as women on board, board meeting, family ownership structure, etc.

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