Board characteristics and corporate performance : evidence from Palestine
العناوين الأخرى
خصائص مجلس الإدارة و أداء الشركة : أدلة من فلسطين
المؤلفون المشاركون
al-Misri, Rasha
Abd al-Jawad, Islam
المصدر
An-Najah University Journal for Research-B : Humanities
العدد
المجلد 34، العدد 4 (30 إبريل/نيسان 2020)، ص ص. 745-770، 26ص.
الناشر
جامعة النجاح الوطنية عمادة البحث العلمي
تاريخ النشر
2020-04-30
دولة النشر
فلسطين (الضفة الغربية)
عدد الصفحات
26
التخصصات الرئيسية
الملخص EN
This paper investigated the relationship between board characteristics and corporate performance of firms in Palestine.
The degree to which the board is effective in performing its duties and tasks depends on several factors manifested by certain characteristics.
Particularly, this research examined the impact of CEO duality, board size, board independence, board gender diversity, board academic background, and frequency of board meetings on the level of corporate performance.
The sample encompassed all firms listed in the Palestine Stock Exchange (PSE) with available data for the years 2012 to 2014 with total 141 firm-year observations.
The data was manually collected from the audited annual reports downloaded from PSE website.
Generalized least square estimators were obtained for the multiple-linear relationship between board characteristics and firm performance.
The results indicate that corporate performance of Palestinian listed firms is positively related to board duality, board gender diversity, and number of board meetings.
Meanwhile, board size, board independence and board academic background seem to negatively affect performance.
The results are consistent with the stewardship theory where the board plays a supportive role by empowering executives leading to, potentially, higher performance.
In this context decisions are executed faster, the ambiguity between the processes and the objectives of the firm is reduced and performance is enhanced.
Our results have an implication to any future corporate governance code setting.
The stewardship theory not the agency theory should guide the lawmakers in constructing any new legislation related to corporate governance.
نمط استشهاد جمعية علماء النفس الأمريكية (APA)
Abd al-Jawad, Islam& al-Misri, Rasha. 2020. Board characteristics and corporate performance : evidence from Palestine. An-Najah University Journal for Research-B : Humanities،Vol. 34, no. 4, pp.745-770.
https://search.emarefa.net/detail/BIM-974431
نمط استشهاد الجمعية الأمريكية للغات الحديثة (MLA)
Abd al-Jawad, Islam& al-Misri, Rasha. Board characteristics and corporate performance : evidence from Palestine. An-Najah University Journal for Research-B : Humanities Vol. 34, no. 4 (Apr. 2020), pp.745-770.
https://search.emarefa.net/detail/BIM-974431
نمط استشهاد الجمعية الطبية الأمريكية (AMA)
Abd al-Jawad, Islam& al-Misri, Rasha. Board characteristics and corporate performance : evidence from Palestine. An-Najah University Journal for Research-B : Humanities. 2020. Vol. 34, no. 4, pp.745-770.
https://search.emarefa.net/detail/BIM-974431
نوع البيانات
مقالات
لغة النص
الإنجليزية
الملاحظات
Includes bibliographical references : p. 765-770
رقم السجل
BIM-974431
قاعدة معامل التأثير والاستشهادات المرجعية العربي "ارسيف Arcif"
أضخم قاعدة بيانات عربية للاستشهادات المرجعية للمجلات العلمية المحكمة الصادرة في العالم العربي
تقوم هذه الخدمة بالتحقق من التشابه أو الانتحال في الأبحاث والمقالات العلمية والأطروحات الجامعية والكتب والأبحاث باللغة العربية، وتحديد درجة التشابه أو أصالة الأعمال البحثية وحماية ملكيتها الفكرية. تعرف اكثر