Impact of board structure on firm performance: evidence from an emerging economy

Yasser, Qaiser Rafique; Mamun, Abdullah Al; Rodrigs, Marcus

doi:10.1108/jabs-06-2015-0067

Cited by 66 publications

(96 citation statements)

References 62 publications

(102 reference statements)

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“…It is also imperative to take firm size into consideration because the firm financial performance is likely to be affected by the size of the firm, as large firms have larger abilities to influence performance (Short & Keasy, 1999). Hence, based on several studies (Haldar et al, 2015;Campbell & Mínguez-Vera, 2008;Yasser et al, 2017), it was included as a control variable.…”

Section: Firm Sizementioning

confidence: 99%

Do Women on Boards affect Firm's Financial Performance? Evidence from Indian IPO Firms

Singh¹,

Singhania²,

Sardana³

2019

AABFJ

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The objective of this paper is to study whether the presence of women on boards affects the financial performance of firms. This study builds upon other studies that have earlier tried to determine the impact of number of women directors in Indian corporates on their financial performances, in terms of market performance index, i.e. Tobin's Q. The new Companies Act, 2013 has mandated the appointment of at least one woman director in certain classes of listed companies in India as described in Section 149(1)(b), which could possibly bring about a change in the governance and thus the financial performance of firms. The focus of this study is on finding and analysing the impact of compliance with this provision on the financial performance of IPO firms. In order to test our hypotheses, we selected 41 Indian Companies that have made an Initial Public Offer (IPO) in the recent past and have been listed on Bombay Stock Exchange during the period 2012-2016. The performance of each of these firms has been measured in terms of Tobin's Q for 3 successive years after their listing (IPO) as well as by using two gender diversity index values-Blau Index and Shannon index. The study concluded that the proportion of women on board is insignificant and that it could not impact the financial performance of the firms. Neither has it caused any adverse impact on the performance of these firms.

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Section: Firm Sizementioning

confidence: 99%

Do Women on Boards affect Firm's Financial Performance? Evidence from Indian IPO Firms

Singh¹,

Singhania²,

Sardana³

2019

AABFJ

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“…Pada tabel 2 dapat dilihat bahwa koefisien variabel leverage pada kedua model adalah 3,707 dan 3,718 dengan tingkat signifikansi masing-masing sebesar 0,000 dan 0,000 yang menunjukkan jika variabel leverage memiliki hubungan yang positif signifikan dengan Tobin's Q. Hasil ini didukung oleh penelitian Rodrigs et al (2017) yang mengatakan tingginya utang dapat meningkatkan kontrol eksternal, ketatnya kontrol eksternal membuat perusahaan dengan leverage yang tinggi akan cenderung berinvestasi pada proyek-proyek yang lebih menguntungkan dan memiliki kinerja yang lebih baik serta dapat meningkatkan market value perusahaan dibanding perusahaan dengan leverage yang rendah. Selain itu, pada tabel 3 dapat dilihat bahwa koefisien variabel leverage pada kedua model adalah -0,135 dan -0,132 dengan tingkat signifikansi masing-masing sebesar 0,000 dan 0,000 yang menunjukkan jika variabel leverage memiliki hubungan yang negatif signifikan dengan ROA.…”

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Pengaruh Corporate Social Responsibility terhadap Kinerja Keuangan Perusahaan dan Earning Management sebagai Variabel Moderasi

Ang

Murhadi

Ernawati

2020

JEB

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This study aims to analyze the effect of corporate social responsibility on a company’s financial performance with earning management as a moderating variable. The variables used in this study are corporate social responsibility, firm age, firm size, leverage, and earning management as moderation variables. This research uses a quantitative approach using multiple linear regression analysis. The target population in this study are all non-financial sector companies listed on the Indonesia Stock Exchange (IDX) in 2014-2018, which amounted to 875 observations. The results showed that corporate social responsibility variable has no significant influence on financial performance. The analysis with moderating variables show that earning management can strengthen the relationship between corporate social responsibility and financial performance. Keywords: corporate social responsibility, financial performance, earning management

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“…Penggabungan anggota baru ke dewan direksi memberikan pengetahuan kepada perusahaan sehingga meningkatkan profitabilitas ekonomi perusahaan. Yasser et al (2017) juga menemukan jumlah anggota dewan direksi yang lebih tinggi akan membawa keahlian dan beragam pengalaman, sehingga menghasilkan kinerja perusahaan yang meningkat. Palaniappan (2017) menemukan pengaruh negatif ukuran dewan direksi terhadap kinerja keuangan yang menunjukkan bahwa ukuran dewan direksi yang optimal akan mengarah pada peningkatan kinerja perusahaan.…”

Section: Dewan Direksi Dan Kinerja Keuanganunclassified

“…Temuan riset ini sejalan dengan penelitian Martín dan Herrero (2018), Yasser et al (2017), Badu (2017), dan Belkhir (2009) yang menemukan bahwa ukuran dewan direksi memiliki pengaruh positif dan signifikan terhadap kinerja keuangan. Penggabungan anggota baru ke dewan direksi memberikan pengetahuan kepada perusahaan sehingga meningkatkan profitabilitas ekonomi perusahaan (Martín dan Herrero, 2018).…”

Section: Pengaruh Dewan Direksi Terhadap Kinerja Keuanganunclassified

Peran Mediasi Kinerja Keuangan Pada Hubungan Dewan Direksi Dengan Reaksi Investor

Daromes

Jao

2020

J. Accounting

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This study aimed to investigate the effect of the board of directors on the reaction of investors are tested both directly and through financial performance. The population used is all manufacturing companies listed on the Indonesia Stock Exchange (IDX) with a research period of 2015-2018. The number of samples is 32 companies every year which are selected by the method of purposive sampling and using secondary data from annual reports. The analytical method used is path analysis and mediation hypothesis testing is carried out using the sobel test. The analysis shows that the board of directors has a positive but not significant effect on investor reaction. Further results show that the board of directors has a positive and significant effect on financial performance. Financial performance has a positive and significant impact on investor reaction. This study also shows that financial performance plays a role in mediating the influence of the board of directors on investor reaction

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Impact of board structure on firm performance: evidence from an emerging economy

Abstract: Purpose -The aim of this paper is to examine the association between board demographics and firm financial performance of Karachi Stock

Cited by 66 publications

References 62 publications

Do Women on Boards affect Firm's Financial Performance? Evidence from Indian IPO Firms

Do Women on Boards affect Firm's Financial Performance? Evidence from Indian IPO Firms

Pengaruh Corporate Social Responsibility terhadap Kinerja Keuangan Perusahaan dan Earning Management sebagai Variabel Moderasi

Peran Mediasi Kinerja Keuangan Pada Hubungan Dewan Direksi Dengan Reaksi Investor

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