Literature Review

1. Corporate Governance in financial sector of Pakistan* *Article by SyedLiaquat Ali published in Business recorder March 14/09 reviewed by SaadSarfraz

2. Article review Defining corporate governance Role of intermediation and its importance Divergence across countries Parties to corporate governance Principles

4. System of structuring, operating and controlling a company with view to achieve long term strategic goals.Importance of Effective Corporate governance

6. Board of directors

7. Management

8. Shareholders

9. Employees

10. Suppliers

12. Summary of rules introduced by SBP Board of directors Independent, at least 50% non executive, cap 5 % Prior SBP clearance required Law, rules and regulation, monitor progress of the institution Auditing and MIS CFO and Company secretary appointment Banks Shall not take unsecured expose on, or take expose against Follow Compliance guidelines on risk management ( Basel 2 accord)

13. Summary of rules introduced by SBP Disclosure Publication of Quarterly accounts SPB Panel of auditor Ethics Insider trading Information dissemination Code of conduct Confidentiality Tax or credit defaulter Training on corporate governance