IDEAS home Printed from https://ideas.repec.org/p/eab/financ/22254.html
   My bibliography  Save this paper

The Role of Mutual Funds and Non- Banking Financial Companies in Corporate Governance in Pakistan

Author

Listed:
  • Moeen Cheema

    (LUMS)

  • Sikander A. Shah

Abstract

This paper advances the argument that institutional investors, particularly mutual funds can play a vital role in enhancing corporate governance in emerging economies. Accordingly, regulatory framework need to be structured in a manner that would encourage the growth of the mutual fund industry and enable it to play a proactive role in corporate governance. The paper reviews and evaluates the regulation of mutual funds in Pakistan in the light of the above propositions. The Role of Mutual Funds and Non-Banking Financial Companies in Corporate Governance in Pakistan.

Suggested Citation

  • Moeen Cheema & Sikander A. Shah, 2006. "The Role of Mutual Funds and Non- Banking Financial Companies in Corporate Governance in Pakistan," Finance Working Papers 22254, East Asian Bureau of Economic Research.
  • Handle: RePEc:eab:financ:22254
    as

    Download full text from publisher

    File URL: http://www.eaber.org/node/22254
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. On K. Tam, 1999. "The Development of Corporate Governance in China," Books, Edward Elgar Publishing, number 1705.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Muhammad Asad & Danish Ahmed Siddiqui, 2019. "Determinants of Mutual Funds Performance in Pakistan," International Journal of Social and Administrative Sciences, Asian Economic and Social Society, vol. 4(2), pages 85-107, June.
    2. Naim Sipra, 2006. "Mutual Fund Performance in Pakistan, 1995-2004," Finance Working Papers 22281, East Asian Bureau of Economic Research.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Rebecca Strätling, 2003. "General Meetings: a dispensable tool for corporate governance of listed companies?," Corporate Governance: An International Review, Wiley Blackwell, vol. 11(1), pages 74-82, January.
    2. Lulu Gu & W.R. Reed, 2013. "Chinese overseas M&A performance and the Go Global policy," The Economics of Transition, The European Bank for Reconstruction and Development, vol. 21(1), pages 157-192, January.
    3. Nicholls, David A. & Cheek, Julianne, 2006. "Physiotherapy and the shadow of prostitution: The Society of Trained Masseuses and the massage scandals of 1894," Social Science & Medicine, Elsevier, vol. 62(9), pages 2336-2348, May.
    4. Hermes, Cornelis & Oxelheim, L. & Randoy, Trond & Hooghiemstra, Reginald, 2015. "The impact of board internationalization on earnings management," Research Report 15010-I&O, University of Groningen, Research Institute SOM (Systems, Organisations and Management).
    5. Li-Jen He & Hsiangtsai Chiang & Cang-Fu Shiao, 2015. "Financial Reports Quality and Corporate Social Responsibility," Asian Economic and Financial Review, Asian Economic and Social Society, vol. 5(3), pages 453-467, March.
    6. Yang, Dan & Jiao, Hao & Buckland, Roger, 2017. "The determinants of financial fraud in Chinese firms: Does corporate governance as an institutional innovation matter?," Technological Forecasting and Social Change, Elsevier, vol. 125(C), pages 309-320.
    7. Liu, Sun, 2015. "Corporate governance and forward-looking disclosure: Evidence from China," Journal of International Accounting, Auditing and Taxation, Elsevier, vol. 25(C), pages 16-30.
    8. Erlane K Ghani & Ham Xairyani Mohamed & Kamaruzzaman Muhammad, 2019. "Board Characteristics and Foreign Direct Investment in Public Listed Property Companies: A Malaysian Evidence," International Journal of Financial Research, International Journal of Financial Research, Sciedu Press, vol. 10(3), pages 116-131, May.
    9. Giapponi, Catherine C. & Scheraga, Carl A., 2007. "Industry Issue Paper: Cross-Cultural Factors and Corporate Governance Transparency in Global Airline Strategic Alliances," Journal of the Transportation Research Forum, Transportation Research Forum, vol. 46(2).
    10. Iqbal, Zamir & Mirakhor, Abbas, 2004. "Stakeholders Model Of Governance In Islamic Economic System," Islamic Economic Studies, The Islamic Research and Training Institute (IRTI), vol. 11, pages 44-63.
    11. García-Peñalosa, Cecilia & Konte, Maty, 2014. "Why Are Women Less Democratic Than Men? Evidence from Sub-Saharan African Countries," World Development, Elsevier, vol. 59(C), pages 104-119.
    12. Chen, Zonghao & Keefe, Michael O’Connor, 2018. "Board of director compensation in China: To pay or not to pay? How much to pay?," Emerging Markets Review, Elsevier, vol. 37(C), pages 66-82.
    13. Giapponi, Catherine & Scheraga, Carl, 2007. "The Impact of Cross-Cultural Factors on Corporate Governance Transparency: The Implication for Strategic Alliances in the Airline Industry," 48th Annual Transportation Research Forum, Boston, Massachusetts, March 15-17, 2007 207915, Transportation Research Forum.
    14. John Buchanan & Dominic Chai & Simon Deakin, 2020. "Taking a Horse to Water? Prospects for the Japanese Corporate Governance Code," Working Papers wp517, Centre for Business Research, University of Cambridge.
    15. Lau, Chung-Ming & Fan, Dennis K.K. & Young, Michael N. & Wu, Shukun, 2007. "Corporate governance effectiveness during institutional transition," International Business Review, Elsevier, vol. 16(4), pages 425-448, August.
    16. Clarke, Donald C., 2003. "Corporate governance in China: An overview," China Economic Review, Elsevier, vol. 14(4), pages 494-507.
    17. Girma, Sourafel & Gong, Yundan & Görg, Holger & Lancheros, Sandra, 2012. "Foreign ownership structure, technology upgrading and exports: Evidence from Chinese firms," Kiel Working Papers 1793, Kiel Institute for the World Economy (IfW Kiel).
    18. Ahrens, Joachim & Jünemann, Patrick, 2010. "Transitional institutions, institutional complementarities and economic performance in China: A 'Varieties of Capitalism' approach," Discourses in Social Market Economy 2010-11, OrdnungsPolitisches Portal (OPO).
    19. Chi‐Kun Ho, 2005. "Corporate Governance and Corporate Competitiveness: an international analysis," Corporate Governance: An International Review, Wiley Blackwell, vol. 13(2), pages 211-253, March.
    20. Helen Hu & On Tam & Monica Tan, 2010. "Internal governance mechanisms and firm performance in China," Asia Pacific Journal of Management, Springer, vol. 27(4), pages 727-749, December.

    More about this item

    Keywords

    Corporate governance; mutual fund; Non-Banking Financial Companies; Pakistan;
    All these keywords.

    JEL classification:

    • G34 - Financial Economics - - Corporate Finance and Governance - - - Mergers; Acquisitions; Restructuring; Corporate Governance
    • G30 - Financial Economics - - Corporate Finance and Governance - - - General

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eab:financ:22254. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Shiro Armstrong (email available below). General contact details of provider: https://edirc.repec.org/data/eaberau.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.