Open AccessImpact of Internal Corporate Governance Mechanism on Social Performance of Microfinance Institutions in Pakistan
Author(s) -
Zahid Imran,
Owais Shafique
Publication year - 2022
Publication title -
journal of accounting and finance in emerging economies
Language(s) - English
Resource type - Journals
eISSN - 2519-0318
pISSN - 2518-8488
DOI - 10.26710/jafee.v8i1.2186
Subject(s) - microfinance , originality , corporate governance , business , accounting , corporate social responsibility , mechanism (biology) , value (mathematics) , public relations , political science , economic growth , economics , finance , philosophy , epistemology , machine learning , computer science , creativity , law
ABSTRACT
Purpose: The purpose of this research is to examine the impact of internal corporate governance mechanisms on the social performance of microfinance institutions of Pakistan.
Design/Methodology/Approach: A survey questionnaire was used to collect data. Data were collected manually and online (Google survey form). The data collected were analyzed through Smart PLS.
Findings: The results showed that board of directors, board meetings and frequency of board meetings as components of internal corporate governance mechanism have a positive and significant impact on the social performance of microfinance institutions of Pakistan.
Implications/Originality/Value: The originality and contribution of this study is that this is the first study that analyzed the impact of board of directors, board meetings and frequency of board meetings as a component of internal corporate governance mechanism on the social performance of microfinance institutions of Pakistan.