The Impact of Corporate Governance Practices on the Firm Financial Performance of the Non-Financial Firms

The study focuses on whether the Corporate Governance characteristics influence firm performance of Non-Financial Firms in Pakistan. In this study, three types industries like pharmaceutical, cement, and food were analyzed from Pakistan Stock Exchange for period 2010 to 2019. authors used diagnostic test data that argued model is better, fixed effect or random-effect analysis. Multiple regression-based methodologies developed use a fixed-effect both dependent variables, Return Assets Tobin-Q discover association between corporate governance performance. It concluded board size, education experience, nationality compensation have significant ROA shows significance with Tobin-Q.