Impact of Internal Corporate Governance Mechanism on Social Performance of Microfinance Institutions in Pakistan

Zahid Imran; Owais Shafique

doi:10.26710/jafee.v8i1.2186

Zahid Imran Institute of Business, Management and Administrative Sciences (IBMAS), The Islamic University of Bahawalpur, Bahawalpur, Pakistan
Owais Shafique Department of Islamic and Conventional Banking, Institute of Business, Management and Administrative Sciences, The Islamia University of Bahawalpur, Pakistan

DOI: https://doi.org/10.26710/jafee.v8i1.2186

Keywords: Corporate Governance, Board of Directors, Frequency of Board Meetings, Microfinance Institutions, Social Performance

Abstract

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.

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Author Biographies

Zahid Imran, Institute of Business, Management and Administrative Sciences (IBMAS), The Islamic University of Bahawalpur, Bahawalpur, Pakistan

PhD Scholar, Institute of Business, Management and Administrative Sciences (IBMAS), The Islamic University of Bahawalpur, Bahawalpur, Pakistan

Owais Shafique, Department of Islamic and Conventional Banking, Institute of Business, Management and Administrative Sciences, The Islamia University of Bahawalpur, Pakistan

Assistant Professor and In-charge, Centre of Excellence in Inclusive and Sustainable Finance, Department of Islamic and Conventional Banking, Institute of Business, Management and Administrative Sciences, The Islamia University of Bahawalpur, Pakistan

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