model suggesting that firm performance is not affected by rule of law in countries where legal environment is weak. These …

shareholders perceive firms affiliated with business groups to have relatively lower transparency and weaker corporate governance … that investors view the business-group as a mechanism to expropriate minority shareholders. On the other hand, the … comparative financial performance results suggest that business groups in Pakistan are efficient economic arrangements that …

-level performance in a cross-section of companies listed at Karachi Stock Exchange. Therefore, we analysed the relationship between firm … enhance firm performance, whereas disclosure and transparency has no significant effect on firm performance. We point out that …

In this paper we explore the role of the static, selection and dynamic corporate governance changes on performance of …-term efficiency losses, but their performance generally improves over time when these banks adjust and adapt to the new competitive …

structure and extent of interlocking directorates within Indian business groups and analyses the performance effects of such … important nodes in the directorial network. The paper also shows that directorial interlocks improve the performance of group …