The impact of the boards of directors on company financial performance in the UK firms
Other Title(s)
تأثر مجالس الإدارة على الأداء المالي للشركات البريطانية المدرجة في سوق (FTSE-100)
Author
Bilras, Ali Abd al-Munim Muhammad S.
Source
Journal of Economic Integration
Issue
Vol. 9, Issue 1 (31 Mar. 2021), pp.381-397, 17 p.
Publisher
University of Ahmed Draia The Afro-Algerian Economic Integration Laboratory
Publication Date
2021-03-31
Country of Publication
Algeria
No. of Pages
17
Main Subjects
Business Administration
Economy and Commerce
Topics
Abstract EN
The purpose of this study is to examine the impact of management board on its performance in the UK.
It studies the link between financial performance using ROA and NEDs, size and board meetings.
The secondary data was used by collecting it directly from annual reports.
The sample consists of 25 firms listed on London Stock Exchange within FTSE-100 over 2010 to 2014 period.
The findings show an inverse association between both board size, board meetings and firm performance.
Based on that, UK firms need to assign small board because it has more effective communication and coordination than a larger board.
Therefore, firms do not need to meet more than usual every year.
However, the results reveal a positive association between NEDs and company performance.
Proper representation of external directors mitigates conflict of interest between shareholders and management since they monitor companies' performance.
This leads to obligate managers working on maximising shareholders' worth.
American Psychological Association (APA)
Bilras, Ali Abd al-Munim Muhammad S.. 2021. The impact of the boards of directors on company financial performance in the UK firms. Journal of Economic Integration،Vol. 9, no. 1, pp.381-397.
https://search.emarefa.net/detail/BIM-1225007
Modern Language Association (MLA)
Bilras, Ali Abd al-Munim Muhammad S.. The impact of the boards of directors on company financial performance in the UK firms. Journal of Economic Integration Vol. 9, no. 1 (Mar. 2021), pp.381-397.
https://search.emarefa.net/detail/BIM-1225007
American Medical Association (AMA)
Bilras, Ali Abd al-Munim Muhammad S.. The impact of the boards of directors on company financial performance in the UK firms. Journal of Economic Integration. 2021. Vol. 9, no. 1, pp.381-397.
https://search.emarefa.net/detail/BIM-1225007
Data Type
Journal Articles
Language
English
Notes
Includes bibliographical references : p. 394-397
Record ID
BIM-1225007