Abstract
This study examines the relationship between Corporate Governance and corporate performance in communication sector of Pakistan. A set of listed companies has been investigated to analyze the relationship for the year 2009. At the end conclusion shows that Better-governed firms are relatively more profitable, more valuable, and pay out comparative extra dividend to their shareholders and most importantly ensure sustainability. In line with Gimpers, Ishii & Metrick (2003) and Brown & Caylor (2004) and international best practices in corporate governance, a Corporate Governance Scoring Index (CGSI) has been created to measure the level of corporate governance practices being followed by the listed companies in Pakistan.
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