Corporate Governance and Firm Performance: An Analysis of Family and Non-family Controlled Firms

JEL Classification : G34, L21, L25
Publication Year : 2011

The aim of this study is to scrutinise the impact of corporate governance mechanism on on the performance of family and non-family controlled firms in Pakistan. It has been found that a corporate governance structure influences the performance of both family and non-family controlled companies significantly. However all corporate governance mechanisms are not significant as the significant variables differ between family and non-family controlled companies. Thus, regulators need to be cautious in setting codes for different companies.