The effect of composition of top-management and board of directors on firm's performance : a study on Egyptian listed companies
Source
Journal of Contemporary Commercial Studies
Issue
Vol. 7, Issue 11 (31 Jan. 2021), pp.87-113, 27 p.
Publisher
Kafrelsheikh University Faculty of Commercial
Publication Date
2021-01-31
Country of Publication
Egypt
No. of Pages
27
Main Subjects
Topics
Abstract EN
This paper shows the effect of top management (TM) and board of directors (independent variables) on firm's performance (dependent variable) applied on Egyptian listed companies.
The composition of both TM and board of directors are investigated through the study of culture, age, tenure and gender diversity in board and TM.
The developed hypotheses are tested on Egyptian listed companies.
Full Data have been collected from the financial statements in the annual reports of 197 companies for the year 2018 from all Egyptian companies listed on the Egyptian Stock Exchange.
The results show that: first, for board of director's part, it is only the diversity of tenure that has a positive effect on performance, while cultural and gender heterogeneity has a negative effect, and age diversity shows no performance effects.
Second, for TM part of the study indicates no effects of cultural, age and tenure diversity on firm performance while showing a positive effect of woman top managers' representation on firm performance.
American Psychological Association (APA)
Baruma, Bassam Samir Muhammad. 2021. The effect of composition of top-management and board of directors on firm's performance : a study on Egyptian listed companies. Journal of Contemporary Commercial Studies،Vol. 7, no. 11, pp.87-113.
https://search.emarefa.net/detail/BIM-1251079
Modern Language Association (MLA)
Baruma, Bassam Samir Muhammad. The effect of composition of top-management and board of directors on firm's performance : a study on Egyptian listed companies. Journal of Contemporary Commercial Studies Vol. 7, no. 11 (Jan. 2021), pp.87-113.
https://search.emarefa.net/detail/BIM-1251079
American Medical Association (AMA)
Baruma, Bassam Samir Muhammad. The effect of composition of top-management and board of directors on firm's performance : a study on Egyptian listed companies. Journal of Contemporary Commercial Studies. 2021. Vol. 7, no. 11, pp.87-113.
https://search.emarefa.net/detail/BIM-1251079
Data Type
Journal Articles
Language
English
Notes
-
Record ID
BIM-1251079