Does Permanency Matter by Controlling Corporate Governance? Evidence from Emerging Economies

被引：0
|
作者：
Aksar, Muhammad [1 ]
Hassan, Shoaib [1 ]
Arshad, Javed [2 ]
Janjua, Iftikhar Ali [3 ]
机构：
[1] Natl Univ Modern Languages, Rawalpindi 46000, Pakistan
[2] Univ Cent Punjab, Rawalpindi Campus, Lahore, Pakistan
[3] Capital Univ Sci & Technol, Islamabad, Pakistan
来源：
GLOBAL BUSINESS REVIEW | 2024年
关键词：
Emerging economies; managerial behaviour permanency; corporate governance; firm performance; data envelopment analysis; MANAGERIAL ABILITY; CEO REPUTATION; UPPER ECHELONS; PERFORMANCE; FIRMS; ISSUES; STYLE; PAY;
D O I：
10.1177/09721509241251546
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
Prior studies captured the influence of managerial behaviour in terms of their efficiencies and abilities on firm performance. However, the impact of managerial performance permanency on firm performance is still a grey area. This study aims to compare the influence of managerial behaviour and its permanency on firm performance by controlling the effect of corporate governance. The data envelopment analysis has been used to capture the managerial behaviour, which considers the data for 11 years from 2009 to 2019. The data were gathered from 492 firms listed on the stock exchanges of Pakistan, Bangladesh and India. The influence of managerial behaviour and comparison between permanent and temporary organizational behaviour on firm performance has been tested using the generalized method of moments. The results showed that permanency in managerial behaviour has a more positive impact on firm performance than short-term managerial behaviour. The study's outcome is helpful for the board of directors and policymakers to maintain stability in managerial behaviour in terms of their efficiencies to improve firm performance.
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页数：13
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