2019

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Credit Ratings are influenced by Corporate Governance Multiple Factors
(UMT.Lahore, 2019-02) SHAHID MUSHTAQ
Study aims to examine Influence of Corporate Governance multiple factors on the Credit Ratings of banking sectors across two emerging economies that is Pakistani and Sri Lanka. Authenticity of results are proven by applying multiple models that include ordinary least square regression, generalized least square regression and random effect regression. Models are applied on panel data that is extracted from financial statements of banks for six years horizon that is from FY2011 to FY 2016. Study perceives that board size and board independence having negatively significant and board meetings having positively significant influence on credit ratings for Sri Lankan banking sector. Whereas, audit committees having positively significant influenced on credit ratings for Pakistani banking sector. Further, study also perceives earnings per year having positively significant influence on credit ratings for economies, return on assets having positively and return on equity having negatively significant influence on Sri Lankan banking sector. Capital adequacy ratio and nonperforming loans having no influence on credit ratings of both economics banking sectors.