International Business and Accounting Research Journal
Vol 3, No 1 (2019): January 2019

Impacts of Board Characteristics on Corporate Performance: Evidence from Bangladeshi Listed Companies

Mofijul Hoq Masum (Schools of Business and Economics, United International University, Bangladesh)
Maksudur Momin Khan (Schools of Business and Economics, United International University, Bangladesh)



Article Info

Publish Date
01 Jan 2019

Abstract

The purpose of this study is to investigate the impacts of board characteristics on corporate performance. To conduct this study one hundred and one Bangladeshi listed companies are taken into consideration. Simultaneous multiple regression analysis has been used to address the relationship between the proxy variables of board characteristics and the proxy variable of corporate performance. The study revealed that out of five proxy variables of board characteristics, board member’s ownership and foreign member on board has significant positive relationship on corporate performance whereas the other three proxy variables of board characteristics - board size, percentage of independent director on board and percentage of women on board has no statistical significant association along with corporate performances of the selected companies. Implications: The findings of the study portrays the scenario of board characteristics and its influence on corporate performance which certainly will pave the way to encourage the corporate people to take life-sustaining decisions regarding board members. These results also provide immense opportunity to the future researchers regarding to the exploration of the association between various attributes of board characteristics and levels of corporate performance.

Copyrights © 2019






Journal Info

Abbrev

ibarj

Publisher

Subject

Economics, Econometrics & Finance

Description

International Business and Accounting Research Journal published by Sekolah Tinggi Ekonomi dan Bisnis Islam Lampung. The journal seeks to consolidate its position as the premier vehicle for the diversification of academic finance. The journal publishes high quality, insightful, well-written papers ...