Do Board Characteristics Affect the Financial Performance of the Companies Listed on the PEX?
Publication Type
Conference Paper
Authors

Board characteristics are among the important aspects of corporate governance mechanisms which contributes significantly in the reducing agency costs and enhancing firm’s financial success. The relationship between board characteristics and firm performance is widely considered by the previous studies. However, mixed results are obtained. Therefore, this study examines the impact of board size, board ownership, board compensations, CEO duality and number of board meetings on financial performance for the companies listed on the Palestine Exchange. A random effect regression is used to analyze the panel data covering the period from 2005 to 2016. The results show that CEO duality and board compensations characteristics negatively affect the performance of the Palestinian companies when measured by the return on assets. On the other hand, the results indicate that return on equity is negatively …

Conference
Conference Title
Artificial Intelligence and Economic Sustainability in the Era of Industrial Revolution 5.0
Conference Country
Palestine
Conference Date
May 1, 2023 - May 1, 2023
Conference Sponsor
An-Najah National University