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.
引用
收藏
页数：13
相关论文
共 50 条
  • [21] Corporate governance in emerging economies: Understanding the game
    Crittenden, Victoria L.
    Crittenden, William F.
    [J]. BUSINESS HORIZONS, 2012, 55 (06) : 567 - 574
  • [22] Corporate governance and MNE strategies in emerging economies
    Bhaumik, Sumon
    Driffield, Nigel
    Gaur, Ajai
    Mickiewicz, Tomasz
    Vaaler, Paul
    [J]. JOURNAL OF WORLD BUSINESS, 2019, 54 (04) : 234 - 243
  • [23] Corporate governance of emerging-market TNCs: why does it matter?
    Geiger, Rainer
    [J]. RISE OF TRANSNATIONAL CORPORATIONS FROM EMERGING MARKETS: THREAT OR OPPORTUNITY, 2008, : 204 - 214
  • [24] Corporate governance: Does it matter?
    Vives, X
    [J]. CORPORATE GOVERNANCE: THEORETICAL AND EMPIRICAL PERSPECTIVES, 2000, : 1 - 21
  • [25] Does empathy matter in corporate social responsibility? Evidence from emerging markets*
    Chourou, Lamia
    Grira, Jocelyn
    Saadi, Samir
    [J]. EMERGING MARKETS REVIEW, 2021, 46
  • [26] Does ownership matter in corporate cash holdings? Evidence from an emerging market
    Thai, Thi Hong An
    Hoang, Minh Tri
    [J]. JOURNAL OF ECONOMICS AND DEVELOPMENT, 2024, 26 (02): : 123 - 138
  • [27] Does compliance with corporate governance increase profitability? Evidence from an emerging economy: Pakistan
    Shakri, Irfan Haider
    Yong, Jaime
    Xiang, Erwei
    [J]. GLOBAL FINANCE JOURNAL, 2022, 53
  • [28] The legitimacy of codes of corporate governance: perspectives from developed and emerging economies
    Şahin K.
    [J]. Journal of Management & Governance, 2015, 19 (3) : 687 - 708
  • [29] How much does country matter in emerging economies? Evidence from Latin America
    Diaz Hermelo, Francisco
    Vassolo, Roberto
    [J]. INTERNATIONAL JOURNAL OF EMERGING MARKETS, 2012, 7 (03) : 263 - 288
  • [30] Does inflation targeting matter for output growth? Evidence from industrial and emerging economies
    Mollick, Andre Varella
    Cabral, Rene
    Carneiro, Francisco G.
    [J]. JOURNAL OF POLICY MODELING, 2011, 33 (04) : 537 - 551
12345