Affiliation:
1. Imam Abdulrahman bin Faisal University
Abstract
The study investigates the impact of board of directors’ composition on the financial performance of the Saudi listed firms, using models that aim to represent the effect of different board of directors’ composition. This paper is focused on dependent, independent and control variables that aim to test further areas that was limited to some previous researchers. It was assumed that there is a negative relationship between the board size and firm performance, as well as female board directors and firm recruiting. However, it was found that both variables have no relationship with firm performance. It was predicted that there is a positive relationship between chair independence and firm performance, as well as a negative relationship in regard to chair independence. Thus, it was established that there is a positive relationship between the non-executive directors and firm performance.
Subject
General Business, Management and Accounting
Reference26 articles.
1. Aguilera, R. V., & Jackson, G. (2003). The cross-national diversity of corporate governance: Dimensions and determinants. The Academy of Management Review, 28(3), 447–465. https://doi.org/10.2307/30040732
2. Ahmed, E., & Hamdan, A. (2015). The impact of corporate governance on firm performance: Evidence from Bahrain Bourse. International Management Review, 11(2), 21–37. Retrieved from https://www.researchgate.net/publication/299991166_The_Impact_of_Corporate_Governance_on_Firm_Performance_Evidence_From_Bahrain_Bourse
3. Al-Faryan, M. A. S. (2020). Corporate governance in Saudi Arabia: An overview of its evolution and recent trends. Risk Governance and Control: Financial Markets & Institutions, 10(1), 23–36. https://doi.org/10.22495/rgcv10i1p2
4. Al-Ghamdi, M., & Rhodes, M. (2015). Family ownership, corporate governance and performance: Evidence from Saudi Arabia. International Journal of Economics and Finance, 7(2), 78–89. https://doi.org/10.5539/ijef.v7n2p78
5. Blake, A. (1999). Dynamic directors: Aligning board structure for business success. https://doi.org/10.1007/978-1-349-14889-9
Cited by
1 articles.
订阅此论文施引文献
订阅此论文施引文献，注册后可以免费订阅5篇论文的施引文献，订阅后可以查看论文全部施引文献