How Corporate Governance Influence on Firms Performance: An Association between Fuel and Power Sector Listed in KSE-100
The purpose of this paper to examines the impact of corporate governance on firm’s performance for listed companies of Fuel and Power. In this paper we analyzed the corporate governance such as board size, board independence block holders on firm performance (ROE, ROA, Tobin’s Q, Firm Size and leverage). It covers the study for the period of 2010-2014 with 15 listed companies of Fuel and Power in KSE using linear regression analysis. The empirical findings show a firm size and leverage is significant effect with corporate governance and also positive association between board of independence and firm’s performance. The research has been limited to some selected fuel and power sector companies focus on the comparison of corporate governance 2002 and 2012. This paper suggests the reforms of corporate governance in Pakistan companies or firms especially in board size and block holders should be promoted to the other sectors. Keywords: Corporate Governance, Fuel and Power Sectors, Karachi Stock Exchange