Impact of Board Characteristics and Audit Committee on Financial Performance: A Study of Manufacturing Sector of Pakistan

Abstract

The research will examine the role of corporate governance (CG) practices on firm’s financial performance. Population of this research will be manufacture sector of Pakistan. For the purposes of measurement of impact of corporate governance practices such as board size, board independence, CEO/chairman duality and audit committee will take as independent variables and for the measurement of firm’s performance return on assets and return on equity will take as dependent variables. Panel data regression model will used to estimate the impact of CG on firm performance.

Keywords: board size, board independence, CEO/chairman duality, audit committee, ROA and ROE