The Impact of Governance on the Performance of the State Employees Pension Fund in Iraq - Exploratory Study

Abstract

Public pension funds are important for their effective role in preserving shareholders' funds and improving their performance, which increases the risk of failure for these funds, hence the importance of research, as the governance of funds is one of the issues of public interest and has a direct impact on stakeholders, so the research problem revolves around The following question: (Does governance affect the performance of the State Employees Pension Fund, how does it affect it, and what is the mechanism of influence?). The purpose of this research is to demonstrate the impact of governance on the performance of pension funds. A field study was conducted for the National Retirement Authority and the State Employees Pension Fund in Iraq by preparing a questionnaire form and distributing it to an appropriate sample of 137 individuals. The study recommended the need to benefit from the scientific experiences of the funds. successful pension and its approach to help decision makers to identify strengths to strengthen them and weaknesses to avoid them in a way that leads to improving the performance of the fund, with regard to adopting governance standards.