Moderating Role of Governance Regulatory Compliance on Board Diversity and Voluntary Disclosure of Non-Financial Firms in a Developing Country

Kabara, Ali Shariff; Abdullah, Dewi Fariha; Khatib, Saleh F. A.; Bazhair, Ayman Hassan; Amosh, Hamzeh Al

doi:10.3390/su15054527

Cited by 4 publications

(1 citation statement)

References 88 publications

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“…They can be subjective (e.g., level of education) as well as objective (industrial orientation, investment policy, organizational structure, and others). "Educational diversity is essential for effective decision-making, which invariably increases shareholder wealth" [21]. The board also helps shape the organizational strategy [19].…”

Section: Introductionmentioning

confidence: 99%

Board Gender Diversity and Banks Profitability for Business Viability: Evidence from Serbia

Milojević¹,

Milašinović

Mitrović

et al. 2023

Sustainability

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As an important topic in the field of corporate governance, the influence of the board of directors’ characteristics on the profitability of corporations is examined here. This paper examines the influence of the board of directors’ and chief executive officers’ (CEO) characteristics on the profitability of banks in Serbia. In this study, the characteristics of boards of directors were examined in terms of size and the participation of women, and the characteristics of CEOs were examined similarly in terms of women’s participation. The research was conducted on a sample of 23 commercial banks from Serbia in the period from 2017 to 2021. Profitability was measured by the rate of return on operating assets (ROA) and the rate of return on equity (ROE). The results of the panel regression analysis indicate that the size of the board of directors had a positive impact on bank profitability during the COVID-19 pandemic period, while this impact was not statistically significant before the pandemic. The participation of women on the board of directors did not have a statistically significant impact on bank profitability before or during the COVID-19 pandemic. It has been found that the participation of women as CEOs had a negative impact on bank profitability before and during the COVID-19 pandemic.

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Section: Introductionmentioning

confidence: 99%

Board Gender Diversity and Banks Profitability for Business Viability: Evidence from Serbia

Milojević¹,

Milašinović

Mitrović

et al. 2023

Sustainability

View full text Add to dashboard Cite

show abstract

Procurement contract risks management and the performance of force account construction projects in Tanzania: does the regulatory framework matter?

Mwaiseje,

Panga,

Mchopa

et al. 2024

SAMAMJ

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Purpose The construction sector plays a vital role in the economic progress of every nation, including Tanzania. Notwithstanding its significance, the industry experiences poor performance. This study aims to assess the impact of procurement contract risk management on the performance of force account (FA) construction projects, using a regulatory framework as a moderator. Design/methodology/approach The cross-sectional research design was used, and data was collected by using a structured questionnaire. The study employed a sample size of 318 respondents to analyse data by using partial least square structural modelling (PLS-SEM). Findings The findings revealed that supply risk management, procurement internal control system and procurement contract administration influence the performance of FA construction projects. Additionally, the study confirms that the regulatory framework strengthens the relationship between the procurement internal control system and procurement contract administration with the performance of FA construction projects. Therefore, procurement contract risk management, as moderated by the regulatory framework, plays a significant role towards the performance of FA construction projects. Practical implications These findings have significant implications for practitioners and policymakers involved in FA construction projects in the public sector, as they highlight the importance of procurement contract risk management in achieving the successful performance of FA construction projects. Originality/value This study contributes to the ongoing discussion about the performance of construction projects, especially those under the FA procurement. It also contributes to the literature on public construction projects in developing countries.

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Exploring the impact of board experience diversity on voluntary disclosure: The moderating role of firm size

Amanamah

2024

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This study investigates the relationship between board experience diversity, and voluntary disclosure in sub-Saharan African firms, with a focus on the moderating role of firm size. Employing a quantitative research approach and a longitudinal design, the study tracks changes over multiple time points to identify long-term patterns and causal relationships. Data was collected from the annual reports of firms in Ghana, Nigeria, and South Africa, spanning the years 2009 to 2021, resulting in 1807 firm-year observations. Contrary to the hypothesized positive relationship, the findings reveal a negative relationship between board experience diversity and voluntary disclosure, suggesting that increased diversity complicates the decision-making process and hinders disclosure. This negative relationship is in contrast to the resource dependence theory and other previous empirical studies (Nel et al., 2022; Reguera-Alvarado & Bravo-Urquiza, 2020) and supports the findings of Pucheta-Martínez and Gallego-Álvarez (2020). Moreover, the study highlights the moderating effect of firm size, showing that larger firms tend to have higher levels of voluntary disclosure. This finding is supported by previous empirical studies (Al-Qahtani & Elgharbawy, 2020; Githaiga & Kosgei, 2023; Saha & Kabra, 2020). The interaction term indicates that as firm size increases, the negative impact of board experience diversity on voluntary disclosure diminishes. These findings highlight the importance of considering firm size when evaluating the impact of board diversity on disclosure practices and the need for tailored governance strategies that consider firm size and the complexities of diverse boards. Implications for corporate governance suggest that merely increasing board diversity is insufficient and thus, effective management of the complexities associated with diverse boards is important.

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Moderating Role of Governance Regulatory Compliance on Board Diversity and Voluntary Disclosure of Non-Financial Firms in a Developing Country

Cited by 4 publications

References 88 publications

Board Gender Diversity and Banks Profitability for Business Viability: Evidence from Serbia

Board Gender Diversity and Banks Profitability for Business Viability: Evidence from Serbia

Procurement contract risks management and the performance of force account construction projects in Tanzania: does the regulatory framework matter?

Exploring the impact of board experience diversity on voluntary disclosure: The moderating role of firm size

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