• Business
  • Published 2007

The Relationship between Corporate Governance Indicators and Firm Value: A Case Study of Karachi Stock Exchange

@inproceedings{Javed2007TheRB,
  title={The Relationship between Corporate Governance Indicators and Firm Value: A Case Study of Karachi Stock Exchange},
  author={Attiya Y. Javed and Robina Iqbal},
  year={2007}
}
We investigated whether differences in quality of firm-level corporate governance can explain the firm-level performance in a cross-section of companies listed at Karachi Stock Exchange. Therefore, we analysed the relationship between firm-level value as measured by Tobin’s Q and total Corporate Governance Index (CGI) and three sub-indices: Board, Shareholdings and Ownership, and Disclosures and Transparency for a sample of 50 firms. The results indicate that corporate governance does matter in… CONTINUE READING

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