A Spill over Relationship - Corporate Governance and Investor Reaction: A Case of Karachi Stock Exchange

Abstract

The current study aims to investigate the relation of corporate governance with reaction of investor towards investment. The sample of the study contains on 114 companies of manufacturing sectors specifically and sample is acquired from (2004-2013). Thus, single and composite correlation is applied to check relationship of variables. Moreover, univariate and multivariate both regression methods are applied and study concluded negative insignificant relationship of variables of study.

Keywords: Corporate Governance, Investor Reaction, Univariate, Multivariate, Composite