Finance

Fly-by-wire

Accounting

Business

Aerospace engineering

Corporate governance

Engineering

Yoke (aeronautics)

Industrial organization

Flight simulator

Indian Journal of Commerce & Management Studies

Purpose:The objective of this exploration is to show the relation among corporate governance tools (i.e. board size, board independence, CEO status, Board Education, and Established Years of the firm) and firm performance, which in turn, is determined by return on asset (ROA).Methodology: We used quantitative data to discover the association between the variables.We considered top 75 companies registered on the Pakistan Stock Exchange in the period from 2010 to 2019.Findings: We found that there is a connection between firm performance with the overall extent of directors, board independence, and average education of board representatives.However, we observed insignificant results in terms of CEO duality and established years of the firm.The results predicted that an increase in the total number of board members, along with their education would enhance firm performance (ROA).On the other hand, reduction in board independence would reduce firm performance (ROA), which effectively explains the importance of corporate governance for the success of a firm's performance.Originality of the Study: Unlike previous studies, this study tried to find a long-term influence of corporate governance on firm performance by analyzing five different variables for the listed firms of Pakistan.Implication of the Study: The study highlights the importance of corporate governance tools, along with their effectiveness for the success of organizations in Pakistan.

Yoke of Corporate Governance and Firm Performance: A Study of Listed Firms in Pakistan