Board characteristics and firm performance: Case of Saudi Arabia

Corporate governance (CG) has been a topic of hot discussion not only in business world but also in academic world. This is all due to its complex and scandalous nature. Therefore it is always important to shed some light academically and perform analysis and autopsy on corporate governance failures...

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Main Author: Aldamrat, Mohammad Abdel Ghani
Format: Thesis
Language:eng
eng
Published: 2014
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Online Access:https://etd.uum.edu.my/5194/1/s811053.pdf
https://etd.uum.edu.my/5194/2/s811053_abstract.pdf
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institution Universiti Utara Malaysia
collection UUM ETD
language eng
eng
advisor Amran, Noor Afza
topic HF5549-5549.5 Personnel Management
Employment
spellingShingle HF5549-5549.5 Personnel Management
Employment
Aldamrat, Mohammad Abdel Ghani
Board characteristics and firm performance: Case of Saudi Arabia
description Corporate governance (CG) has been a topic of hot discussion not only in business world but also in academic world. This is all due to its complex and scandalous nature. Therefore it is always important to shed some light academically and perform analysis and autopsy on corporate governance failures such as Commerce Bank (1991) Enron (2001), Adelphia (2002), and World Com (2002). This study investigates the relationship between the board characteristics (board size, board composition, board meeting, board interlock, CEO age and CEO family) and firm performance (ROA) based on the annual reports of 102 companies listed on the Saudi Market starting from 2010 to 2012. The sample of non-financial firms was collected from Saudi Market (Tadawul) as well as from the director's profile in the annual reports. The results of this study find that board meeting, board interlock and CEO age have no effect on firm performance in the selected sample while board size has strong positive relationship with firm performance (ROA). In addition, it is also noteworthy to note that the relationship between board composition and CEO family is significant negatively. It is recommended that future research take into consideration the investigation of relationship between corporate governance before issuing the Code of Corporate Governance in Saudi Arabia and after issuing them in order to investigate the differences during longer period
format Thesis
qualification_name masters
qualification_level Master's degree
author Aldamrat, Mohammad Abdel Ghani
author_facet Aldamrat, Mohammad Abdel Ghani
author_sort Aldamrat, Mohammad Abdel Ghani
title Board characteristics and firm performance: Case of Saudi Arabia
title_short Board characteristics and firm performance: Case of Saudi Arabia
title_full Board characteristics and firm performance: Case of Saudi Arabia
title_fullStr Board characteristics and firm performance: Case of Saudi Arabia
title_full_unstemmed Board characteristics and firm performance: Case of Saudi Arabia
title_sort board characteristics and firm performance: case of saudi arabia
granting_institution Universiti Utara Malaysia
granting_department Othman Yeop Abdullah Graduate School of Business
publishDate 2014
url https://etd.uum.edu.my/5194/1/s811053.pdf
https://etd.uum.edu.my/5194/2/s811053_abstract.pdf
_version_ 1776103672250368000
spelling my-uum-etd.51942023-04-02T00:41:00Z Board characteristics and firm performance: Case of Saudi Arabia 2014 Aldamrat, Mohammad Abdel Ghani Amran, Noor Afza Othman Yeop Abdullah Graduate School of Business Othman Yeop Abdullah Graduate School of Business HF5549-5549.5 Personnel Management. Employment Corporate governance (CG) has been a topic of hot discussion not only in business world but also in academic world. This is all due to its complex and scandalous nature. Therefore it is always important to shed some light academically and perform analysis and autopsy on corporate governance failures such as Commerce Bank (1991) Enron (2001), Adelphia (2002), and World Com (2002). This study investigates the relationship between the board characteristics (board size, board composition, board meeting, board interlock, CEO age and CEO family) and firm performance (ROA) based on the annual reports of 102 companies listed on the Saudi Market starting from 2010 to 2012. The sample of non-financial firms was collected from Saudi Market (Tadawul) as well as from the director's profile in the annual reports. The results of this study find that board meeting, board interlock and CEO age have no effect on firm performance in the selected sample while board size has strong positive relationship with firm performance (ROA). In addition, it is also noteworthy to note that the relationship between board composition and CEO family is significant negatively. It is recommended that future research take into consideration the investigation of relationship between corporate governance before issuing the Code of Corporate Governance in Saudi Arabia and after issuing them in order to investigate the differences during longer period 2014 Thesis https://etd.uum.edu.my/5194/ https://etd.uum.edu.my/5194/1/s811053.pdf text eng public https://etd.uum.edu.my/5194/2/s811053_abstract.pdf text eng public masters masters Universiti Utara Malaysia Adams, R. B., & Mehran, H. 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