Corporate Governance and its impact on organizational growth and productivity Scope of Research: Practical implications of Corporate Governance

in Financial Institutions of Australia Banks Mutual Funds Insurance Companies Derivative Market Investment Companies

Government and private companies

A questionnaire was designed to assess the extent and effect of implementation of the Code of Corporate Governance on listed companies. Important role in formulation of code of corporate governance The Questionnaire was designed to assess the extent and effect of implementation of the Code. In this section, findings pertaining to implementation of the Code of Corporate Governance have been reported. Prevalent and past corporate governance practices have been analyzed in the next section whereas subsequent sections discuss progress made or problems encountered after the introduction of the Code. The findings of the Questionnaire have been discussed under the following headings: Composition of the Board of Directors. Duties and Responsibilities Meetings of the Board Appointment of Officials Corporate and financial disclosure framework Audit Committee Internal Audit External Audit Compliance with CCG Such reforms are of high importance to a developing country like Pakistan, which is making concerted efforts to attract Foreign Direct Investment (FDI) and mobilize higher savings through capital markets. the appropriate board structures, processes and values to cope with the rapidly changing demands of both shareholders and stakeholders in and around their enterprises. have been pursuing similar policies of structural adjustment The rationale behind all these reform measures has been to introduce a corporate governance system that has the ability to efficiently raise external capital, increase corporate competitiveness, and stimulate organizational growth I analyse corporate governance issues based on four topics namely, privatisation and its impact on corporate governance, ownership and governance structure, participation of locals in the privatised listed shares through the investment funds and, the relationships between country governance and financial sector and economic growth.
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What were the privatisation methods in pre-emerging economies? How is the performance of firms with majority foreign ownership in comparison with firms without majority foreign investors? What is the influence of Foreign Investors (FIs) on governance structures in Pre-emerging Markets (PM)? What are the investment/ fund opportunities following the good corporate governance To what extent does country governance relate to financial sector and economic growth? Based on the issues discussed above, the purpose of this research is to answer (solve) research problems that can be formulated as follows: 1. Is there relationship between ownership structure and corporate governance? 2. Is there inter-relationship between risk management and bank performance? 3. Is there relationship between corporate governance and risk management? 4. Is there relationship between corporate governance and bank performance? 5. Is relationship between corporate governance and bank performance sensitive to type of bank ownership? 6. Is the relationship between corporate governance and risk management sensitive to type of bank ownership?