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289496

The Impact of the Board of Directors’ Characteristics on the Financial Performance in the Banks Listed on The Egyptian Stock Exchange

Article

Last updated: 27 Dec 2024

Subjects

-

Tags

علوم المحاسبة وإدارة الأعمال

Abstract

This study aims to know the impact of the board of directors' characteristics on the financial performance by applying to the 13 banks listed on the Egyptian Stock Exchange from 2015 to 2019. The characteristics of the board of directors were determined in (board size, non-executive members, independent members, the duality of the CEO ,board meeting periodical, women's representation on the board), and the economic value added (EVA), market value added (MVA) were relied on as indicators for measuring the financial performance. Our finding reveal to : all the characteristics of the board of directors affect (EVA) except the representation of women in the board; we find a positive impact for non-executive members, independent members, board size, and duality of the CEO, but we find a negative impact for the periodical of meetings. Concerning the market value added measure (MVA) we find that all the characteristics of the board of directors affect MVA except independent members, and the representation of women in the board. We find a positive impact for non-executive members, the size of the board, and the periodical of board meetings. On the other hand, we find a negative impact for the duality of the CEO. For Tobin's Q scale, we find a negative impact for independent members, board size, board meeting periodical, duality of the CEO, and women's representation in the board at the lever of 1%. We find also a non-linear (quadratic) relationship for non-executive members which take the form of a U letter

DOI

10.21608/zcom.2023.183257.1200

Keywords

corporat governance, board of directors&rsquo؛ characteristics, Financial Performance

Authors

First Name

عبير رجب

Last Name

عجلان

MiddleName

-

Affiliation

قسم الإدارة، كلية التكنولوجيا والتنمية، جامعة الزقازيق، مصر

Email

jlanbyr60@gmail.com

City

-

Orcid

-

First Name

تامر

Last Name

شهوان

MiddleName

-

Affiliation

قسم إدارة الأعمال، کلية التجارة جامعة الزقازيق، مصر

Email

tamershahwan74@gmail.com

City

zagazig

Orcid

0000-0002-5215-8403

First Name

عمادمحمد

Last Name

قمحاوي

MiddleName

-

Affiliation

قسم الإدارة، کلية التکنولوجيا والتنمية، جامعة الزقازيق، مصر

Email

e.kamhawi@gmail.com

City

-

Orcid

-

Volume

46

Article Issue

1

Related Issue

46036

Issue Date

2024-01-01

Receive Date

2022-12-25

Publish Date

2024-01-01

Page Start

148

Page End

186

Print ISSN

1110-7731

Online ISSN

2735-4512

Link

https://zcom.journals.ekb.eg/article_289496.html

Detail API

https://zcom.journals.ekb.eg/service?article_code=289496

Order

31

Type

تجاریة کل ما یتعلق بالعلوم التجاریة

Type Code

1,572

Publication Type

Journal

Publication Title

مجلة البحوث التجارية

Publication Link

https://zcom.journals.ekb.eg/

MainTitle

The Impact of the Board of Directors’ Characteristics on the Financial Performance in the Banks Listed on The Egyptian Stock Exchange

Details

Type

Article

Created At

27 Dec 2024