@Article{mfj:1615,
title={Corporate Governance, Cash Flows and Bank Performance: Developed and Developing Countries},
author={Fatima Faruqi and Tanveer Ahsan and Sultan Sikandar Mirza and Rao Rehman},
journal={Multinational Finance Journal},
volume={},
number={},
pages={--},
year=,
publisher={Multinational Finance Society; Global Business Publications},
url={http://www.mfsociety.org/}
keywords={},
abstract={The study investigates the impact of corporate governance on bank performance and mediating role of cash-flows between corporate governance and bank performance in developed and developing countries. Data for the period 2006-2015 for 30 commercial banks from 5 countries (Australia, Bangladesh, Malaysia, Pakistan, and USA) has been collected and GMM-system has been applied to find out the direct impact of corporate governance and cash-flows on bank performance. Further, structural equation modelling has been applied to investigate the mediating role of cash-flows between corporate governance and bank performance. The results explain that the impact of corporate governance on bank performance is more significant in developed countries as compared to developing countries. Further, the results explain that investing cashflows mediates the relationship between board meetings and bank performance in developed countries while in developing countries financing cash-flows mediates the relationship between bank performance and different dimensions of corporate governance..},
}