Impact of expertise of audit committee chair and nomination committee chair on financial performance of firm
Impact of expertise of audit committee chair and nomination committee chair on financial performance of firm
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审计委员会主席和提名委员会主席的专业知识对公司财务绩效的影响
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发表时间：
2020
期刊：
影响因子：
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通讯作者：
I. Aftab
中科院分区：
文献类型：
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作者：
N. Chaudhry;M. Roomi;I. Aftab
本文的目的是分析审计委员会主席（ACC）的财务、监督和经验专长以及人力资源、监督和提名委员会主席（NCC）的经验专长对公司财务绩效（FP）的影响。本研究采用定量方法收集了巴基斯坦50家非金融企业的数据，并通过e-views对数据进行分析以检验假设。研究发现，行政协调人的财务专长、监控专长和行政协调人的经验专长对企业的资产收益率、净资产收益率和净利润率有正向影响。而ACC的经验专业知识和NCC的监测和人力资源专业知识对FP的影响不显著。本研究的结果将有助于巴基斯坦公司了解其行政协调会和国家协调委员会的哪些专业知识有助于提高其FP。然而，目前的研究只审查了巴基斯坦的非金融公司。过去的研究从未在联合研究中特别关注提名委员会和审计委员会“主席”的不同类型的专业知识，以分析它们对公司FP的影响。本研究缩小了董事会委员会主席专业知识领域的差距，因此，它将为未来“代理理论”、“人力资本理论”和公司治理领域的研究人员开辟新的讨论领域。
The purpose of this paper is to analyze the influence of financial, monitoring and experiential expertise of audit committee chair (ACC) and HR, monitoring and experiential expertise of nomination committee chair (NCC) on the financial performance (FP) of the firm.,Quantitative approach was used in this study to collect data from 50 non-financial firms of Pakistan and to analyze the data through e-views for testing hypotheses.,The findings revealed that financial and monitoring expertise of ACC and experiential expertise of NCC positively influence return on assets, return on equity and the net profit margin of the firm. However, no significant influence of experiential expertise of ACC and monitoring and HR expertise of NCC on FP was found.,The findings of this study will help firms of Pakistan to understand what expertise of their ACC and NCC can contribute to the enhancement of their FP. However, the current study examined the non-financial firms of Pakistan only.,Past studies have never shown the particular focus on different types of expertise of “Chairs” of nomination and audit committees in a combined research to analyze their impact on FP of firms. The present study has abridged this gap in the field of expertise of chairs of board committees so, it will open new areas of discussion for future researchers in domains of “agency theory”, “human capital theory” and corporate governance.