Corporate governance (CG) is key to enhance firm’s value. The
purpose of this research is to examine effects of various aspects of
corporate governance on firm’s value. We used secondary penal data of 100 companies
on Pakistan Stock Exchange for the period: 2010 – 2016.
Findings revealed that among other aspects of CG,
managerial ownership and board size have significant
influence on the value of a firm. Among controlled
variables, firm size and firm ages were also found
significant in firm’s value. We are convinced that
findings of this study would help addressing agency
issues through effective corporate governance measures.
This study has come up with some practical implications
as well. It is suggested that for better firm performance
and increasing efficiency the board size may be kept at
1-Sammar Abbas Assistant professor,Institute of Business Studies, Kohat University of Science & Technology, KP, Pakistan.2-Zeeshan Zaib Khattak Assistant professor,Institute of Business Studies, Kohat University of Science & Technology, KP, Pakistan.3-Hafeez Ullah Assistant Professor,Institute of Business Studies, Kohat University of Science & Technology, KP, Pakistan.
Corporate Governance, Firm’s Value, Size of Firm, Age of Firms, Capital Structure, Non-Financial Firms.