Board of Directors Characteristics and Firm Financial Performance in UAE

The purpose of this study is to empirically examine the impact of corporate governance mechanisms (board characteristics) namely; board size, board of director's independence and CEO duality on the firm financial performance (ROA). For the purpose of this study, 60 non-financial listed companie...

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Main Author:	Al-Mashregy, Mohammed Hamood Hamood
Format:	Thesis
Language:	eng eng
Published:	2012
Subjects:	HD2709-2930.7 Corporations
Online Access:	https://etd.uum.edu.my/3109/1/MOHAMMED_HAMOOD_HAMOOD_AL-MASHREGY.pdf https://etd.uum.edu.my/3109/2/MOHAMMED_HAMOOD_HAMOOD_AL-MASHREGY.pdf
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id	my-uum-etd.3109
record_format	uketd_dc
institution	Universiti Utara Malaysia
collection	UUM ETD
language	eng eng
advisor	Fadzil, Faudziah Hanim
topic	HD2709-2930.7 Corporations
spellingShingle	HD2709-2930.7 Corporations Al-Mashregy, Mohammed Hamood Hamood Board of Directors Characteristics and Firm Financial Performance in UAE
description	The purpose of this study is to empirically examine the impact of corporate governance mechanisms (board characteristics) namely; board size, board of director's independence and CEO duality on the firm financial performance (ROA). For the purpose of this study, 60 non-financial listed companies have been chosen; 33 from Abu Dhabi Securities Exchange and 27 from Dubai Financial Market, all in UAE market context. The conduct of testing is controlled by firm size. Multiple regressions analysis is utilized in this study in order to achieve the research objectives. The findings show that factors of board characteristics namely; board size, board of director's independence and CEO duality, have different relations with firm financial performance.First,the finding showed that board size has positive significant impact on the firm financial performance (ROA). Secondly, it showed that the board of director's independence has no significant impact on the firm financial performance (ROA). Moreover,the finding showed that there is negative significant impact of CEO duality on the firm financial performance (ROA). Last but not least, the firm size as control variable has positive significant impact on the firm financial performance (ROA). Therefore, this study can clearly integrate the relationship between corporate governance mechanisms and firm financial performance, and it can help UAE authorities market to improve and enhance the firm financial performance.
format	Thesis
qualification_name	masters
qualification_level	Master's degree
author	Al-Mashregy, Mohammed Hamood Hamood
author_facet	Al-Mashregy, Mohammed Hamood Hamood
author_sort	Al-Mashregy, Mohammed Hamood Hamood
title	Board of Directors Characteristics and Firm Financial Performance in UAE
title_short	Board of Directors Characteristics and Firm Financial Performance in UAE
title_full	Board of Directors Characteristics and Firm Financial Performance in UAE
title_fullStr	Board of Directors Characteristics and Firm Financial Performance in UAE
title_full_unstemmed	Board of Directors Characteristics and Firm Financial Performance in UAE
title_sort	board of directors characteristics and firm financial performance in uae
granting_institution	Universiti Utara Malaysia
granting_department	Othman Yeop Abdullah Graduate School of Business
publishDate	2012
url	https://etd.uum.edu.my/3109/1/MOHAMMED_HAMOOD_HAMOOD_AL-MASHREGY.pdf https://etd.uum.edu.my/3109/2/MOHAMMED_HAMOOD_HAMOOD_AL-MASHREGY.pdf
_version_	1747827500683100160
spelling	my-uum-etd.31092022-04-10T06:08:10Z Board of Directors Characteristics and Firm Financial Performance in UAE 2012-01 Al-Mashregy, Mohammed Hamood Hamood Fadzil, Faudziah Hanim Othman Yeop Abdullah Graduate School of Business Othman Yeop Abdullah Graduate School of Business HD2709-2930.7 Corporations The purpose of this study is to empirically examine the impact of corporate governance mechanisms (board characteristics) namely; board size, board of director's independence and CEO duality on the firm financial performance (ROA). For the purpose of this study, 60 non-financial listed companies have been chosen; 33 from Abu Dhabi Securities Exchange and 27 from Dubai Financial Market, all in UAE market context. The conduct of testing is controlled by firm size. Multiple regressions analysis is utilized in this study in order to achieve the research objectives. The findings show that factors of board characteristics namely; board size, board of director's independence and CEO duality, have different relations with firm financial performance.First,the finding showed that board size has positive significant impact on the firm financial performance (ROA). Secondly, it showed that the board of director's independence has no significant impact on the firm financial performance (ROA). Moreover,the finding showed that there is negative significant impact of CEO duality on the firm financial performance (ROA). Last but not least, the firm size as control variable has positive significant impact on the firm financial performance (ROA). Therefore, this study can clearly integrate the relationship between corporate governance mechanisms and firm financial performance, and it can help UAE authorities market to improve and enhance the firm financial performance. 2012-01 Thesis https://etd.uum.edu.my/3109/ https://etd.uum.edu.my/3109/1/MOHAMMED_HAMOOD_HAMOOD_AL-MASHREGY.pdf text eng public https://etd.uum.edu.my/3109/2/MOHAMMED_HAMOOD_HAMOOD_AL-MASHREGY.pdf text eng public masters masters Universiti Utara Malaysia Abdullah,S.N.(2001).Characteristics of Board Directors & Audit Committees Among Malaysian Listed Companies in Period Leading to 1997 Financial Crisis.Akauntan Nasional(October): 18-21. Abdullah,S.N.(2004).Board composition,CEO duality and performance among Malaysian listed companies.Corporate Governance, 4(4),47-61. Adjaoud,F.,Zeghal,D.,& Andaleeb,S. (2007). The Effect of Board's Quality on Performance:a study of Canadian firms. Corporate Governance: An International Review, 15(4),623-635. 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Board of Directors Characteristics and Firm Financial Performance in UAE

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