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Growing Science » Accounting » An empirical analysis of corporate governance and firm value: Evidence from KSE-100 Index

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Accounting

ISSN 2369-7407 (Online) - ISSN 2369-7393 (Print)
Quarterly Publication
Volume 3 Issue 2 pp. 119-130 , 2017

An empirical analysis of corporate governance and firm value: Evidence from KSE-100 Index Pages 119-130 Right click to download the paper Download PDF

Authors: Asad Khan, Tanveer Tanveer, Umbreen Malik

DOI: 10.5267/j.ac.2016.7.003

Keywords: Corporate governance, Firm value, Tobin’s Q

Abstract: This paper investigates the impact of corporate governance on firm value measured by Tobin’s Q. Different corporate governance proxies i.e. board size, board independence, audit committee and CEO duality are interacted with firm value. A sample of 91 nonfinancial firms listed on KSE was selected over the period 2010-2014. The findings of the study show that board size and CEO duality had negative impacts on firm value. Moreover, board size, non-executive directors and audit committee had positive and significant impacts on firm value.



How to cite this paper
Khan, A., Tanveer, T & Malik, U. (2017). An empirical analysis of corporate governance and firm value: Evidence from KSE-100 Index.Accounting, 3(2), 119-130.

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Journal: Accounting | Year: 2017 | Volume: 3 | Issue: 2 | Views: 4690 | Reviews: 0

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