Impact of Corporate Administration i.e., Board size, Meeting Frequency and Audit Committee Size on Firm Performance: Exploring the Moderating Role of Capital Structure

Abstract

This thesisexamines into three parts, firstly is impact of corporate governance on firm performance. Secondly check affect of corporate governance proxies’ board size, board meeting frequency and audit committee size on firm performance. Finally investigate the critical role of capital structure between corporate governance and firm performance. This examination has carried out for a sample of 100 firm’s which are listed at Pakistan stock exchange (PSX). The study covers the period from 2010 to 2019. Using system GMM technique is utilized for our estimation of models, which is developed by Blundell & Bond (1998). This thesis find that corporate governance has significantly impact on firm performance and two proxies of corporate governance board size and audit committee size has positive and significant impact on firm performance while board meeting frequency has a negative. Also find that capital structure play a critical role in declining the link between corporate governance and firm performance. This is well demonstrated by my finding. The result suggest that corporate governance development not only positively affect firm performance it also play an important role to increase performance of the firm.