International Journal of Business and Social Science

ISSN 2219-1933 (Print), 2219-6021 (Online) DOI: 10.30845/ijbss

Impact of Corporate Governance on Perceived Organizational Success (Empirical Study on Consumer Banks in Lahore, Pakistan)
Muhammad Ilyas, Muhammad Rafiq

The corporate governance mechanisms in the Pakistan are normally thought to be less important to achieve organizational success. By enduring the good corporate governance organizations may enlarge the circumstances where management can convince the employees particularly and share holders generally to capture long term organizational gains. We used five point Likert scale questionnaire to measure the corporate governance in banking sector of Pakistan. This empirical study suggests that the corporate governance has widespread role in organizational success. The results suggest that discipline, social awareness, accountability, fairness and responsibility have significant effect on organizational success. However, effect of discipline and social awareness is higher than accountability, fairness and responsibility. Moreover, our study shows that independence and transparency do not effect on organizational success significantly.

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