Empirical Study on the Effects of Enterprise Governance on Organizational Performance

Abstract

This study examined the effect of enterprise governance on the performance of companies. The systems offered by the world managing idea and practice demonstrate the apprehension for discovering solutions tailored to the lasting changes developing in the exterior environment or inside organizations. This paper examines the execution of enterprise governance concepts in growing economic system and its impact on the performance of organization. The purpose of the study is to confirm the responsiveness of significance of enterprise governance concepts in international market, especially in companies of adjusting financial systems where competition in modern international economy is more difficult. Data is collected from the corporate sector and sample is sorted through the random stratified sampling technique. The sample consists of the top management of corporate sector of Islamabad, Pakistan. Results show the strongly positive significant impact of enterprise governance on the organizational performance.