Abstract:
Different
invocation
association between financial
studies have been conducted regarding the
and bank performance but the outcomes of these studies are inconsistent.
The moderating effect of board expertise, has not been inspected by the researchers. In
the light of this context, the following work contributes to highlight the importance of
board expertise to explain the relationship between bank performance and financial
innovation. This study contains a sample of twenty listed banks of Pakistan from the
period ranging from 2009 to2022. The regressions analysis indicates an observable
impact of board expertise on the characteristics of financial innovation. The banking
sector of Pakistan responds positively to the adaption of financial innovation and
technological advancements to increase the bank performance. This research will help
the policy makers and the banking authorities to move towards money production
because the increase in money production leads to better banking performance. The
discussion here suggests that the impact of risk innovations, horizon innovations and
specific innovations on returns and resources depends on the level of professional firms.
