Abstract Purpose: This study empirically examines the effect of board multiple directorships and CEO characteristics on firm performance among non-financial firms listed on the Palestine Security Exchange (PSE) during the period from 2009 to 2016. Research Design/methodology: Based on 200 observations, this study utilises panel data to examine the effect of the predictors on firm performance measured by return on assets. The analysis is repeated using the return on equity and two regression methods to evaluate the robustness of the main analysis (Pooled Regression, and Backward stepwise regression analysis). Research Findings/Insights: The results show that the “busyness” of a CEO reduces their effectiveness and is associated with losses in the companies where they are in charge. On the other hand, the results show that CEO tenure, CEO experience and CEO political connections have a positive effect on corporate performance. Originality/value: This study is timely given that the practice of multiple directorships is widely common among firms in developing countries. Prior research in Palestine has not investigated the role of multiple directorships and the CEO characteristics on corporate outcomes. This study provides a picture of the potential benefits to firms, policymakers and professional bodies from considering CEO variables. The findings of such an examination can help them to set up suitable policies and enhance the role and the quality of the CEO in firms. Keywords Multiple directorships; busy CEO, CEO tenure, CEO financial experience, CEO political connection

العنوان

Journal of Accounting in Emerging Economies

الناشر

An-Najah National University

بلد الناشر

فلسطين

Indexing

Scopus

معامل التأثير

None

نوع المنشور

Both (Printed and Online)

المجلد

10

السنة

2020

الصفحات

637-653