Browsing by Author "WASEEM AKHTAR"

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    Determining the Impact of Corporate Governance Index on Intellectual Capital Performance
    (UMT,Lahore, 2016) WASEEM AKHTAR
    This study is aimed to evaluate the impact of corporate governance index on intellectual capital performance by developing the index from five sub-indices and incorporating the value added intellectual coefficient (VAIC) methodology for intellectual capital performance. Fixed and Random Effect Regression techniques have been used to analyze the data of textile sector in Pakistan from 2010 to 2014. The findings suggested negatively significant impact of corporate governance index on intellectual capital performance while sub-indices gave mixed results. The study investigated the relationship of individual variables in each sub-index with performance and results show significant relationship for five variables namely independent director, independent audit committee, foreign shareholders ownership, gratuity and remuneration committee. When data is further analyzed sub-sector wise, the outcomes indicate insignificant results for all sub-sectors with respect to corporate governance index and sub-index remuneration. Sub-index ownership show significant results for all sub-sectors while the sub-indices board, disclosure and related parties transactions give mixed results. The outcomes of this study can be used by the policy makers as an attempt to boost the performance of textile sector. A modified value added intellectual coefficient (M-VAIC) methodology can be used in future research.