Abstract
This investigation inspects the link of some specific CG attributes pertaining to the board
with the financial health of the 23 banks from the banking industry of Pakistan from 2011
to 2017. The independent directors and board size positively influence ROE and ROA.
However, women directors negatively affect the ROE and ROA which might be owing to
their low or cosmetic representation that endorses the tokenism and critical mass
theories. Overall, the findings add to the literature, especially in the regulatory context,
and practice by offering valuable insights for the banking industry and other major
stakeholders in Pakistan.
Muhammad Zahid, Haseeb Ur Rahman, Muhammad Asif. (2019) The Bond between Board and Performance: A Case of the Banking Industry of Pakistan, NUML International Journal of Business & Management, Volume 14, Issue 2.
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