The key aim of current research is to investigate the influence of CG
on financial performance (FP) and capital structure (CS) of cement
companies listed on Pakistan Stock Exchange (PSX). To accomplish this purpose, twenty
cement firms listed on the PSX was deployed from 2005 to 2014. Auto-correlation and
heteroscedasticity were tested and Regression analyses
were used to test the hypotheses. SPSS 21 is conducted
to perform the analyses.CG is analyzed via board size,
board independence, and institutional ownership while,
return on assets and return on equity are employed to
analyze FP, whereas CS is calculated via debt to equity.
The outcomes document that CG positively affects FP,
however, negatively impact CS. This research not only
contributes to examining the impact and association
between CG, FP, and CS but also prove the outcomes
of previous studies that have presented a significant
influence and association between CG, FP, and CS.
1-Mahboob Ullah PhD Scholar, Department of Management Sciences, Preston University, Islamabad, Pakistan.2-Nouman Afgan Associate Professor, Department of Management Sciences, Preston University, Kohat, KP, Pakistan.3-Sajjad Ahmad Afridi Assistant Professor,Department of Management Sciences, Hazara University Mansehra, KP, Pakistan.
Corporate Governance, Capital Structure, Financial Performance, Pakistan Stock Exchange