The Experts below are selected from a list of 321 Experts worldwide ranked by ideXlab platform
Bouri Abdelfettah - One of the best experts on this subject based on the ideXlab platform.
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Board of Directors and financial decisions of Tunisian firms
African J. of Accounting Auditing and Finance, 2012Co-Authors: Hentati Fakher, Bouri AbdelfettahAbstract:The Board of Directors constitutes an internal mechanism of governance whose effectiveness has an impact on the creation of a firm value. Its influence on the financial performance of the firm is the subject of advanced researches. However, the study of its impact on the strategic decisions taken by financial direction is less covered. The objective of this article is to study the impact of the Board of Directors on the financial decisions taken by Tunisian enterprises. From the econometric tests applied to Tunisian data of panel in the period between 1999 and 2005, the present study shows that the Board of Directors of firms does not constitute an effective tool of control in order to orient financial decisions to the interest of shareholders. This corroborates the entrenchment theory hypothesis and rejects the arguments of the agency theory.
Hentati Fakher - One of the best experts on this subject based on the ideXlab platform.
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Board of Directors and financial decisions of Tunisian firms
African J. of Accounting Auditing and Finance, 2012Co-Authors: Hentati Fakher, Bouri AbdelfettahAbstract:The Board of Directors constitutes an internal mechanism of governance whose effectiveness has an impact on the creation of a firm value. Its influence on the financial performance of the firm is the subject of advanced researches. However, the study of its impact on the strategic decisions taken by financial direction is less covered. The objective of this article is to study the impact of the Board of Directors on the financial decisions taken by Tunisian enterprises. From the econometric tests applied to Tunisian data of panel in the period between 1999 and 2005, the present study shows that the Board of Directors of firms does not constitute an effective tool of control in order to orient financial decisions to the interest of shareholders. This corroborates the entrenchment theory hypothesis and rejects the arguments of the agency theory.
Guo Cheng-mei - One of the best experts on this subject based on the ideXlab platform.
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The Origin of the Mosque Board of Directors and the Relationship between Wubentang——A Study of “The Record of Founding of Shanghai Mosque Board of Directors”
Journal of Beifang University of Nationalities, 2012Co-Authors: Guo Cheng-meiAbstract:The review of previous studies on the Record of Founding of Shanghai Mosque Board of Directors is made and an analysis of causes of the founding of Board of Directors,ways and name changes of Shanghai mosque Board of Directors is also made;Meanwhile the relationship between Board of Directors and Wubentang is explored.The author points out Wubentang is not the predecessor of Board of Directors;and argues that in terms of research content,the Record of Founding of Shanghai Mosque Board of Directors,it is not only further study of previous problems,but also further expansion of new content.
Nur Ainna Ramli - One of the best experts on this subject based on the ideXlab platform.
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Board of Directors, Firm Performance and the Moderating Role of Family Control in Jordan
Academy of Accounting and Financial Studies Journal, 2018Co-Authors: Mohammed Hassan Makhlouf, Nur Hidayah Laili, Nur Ainna Ramli, Fares Jamiel Hussein Alsufy, Mohamad Yazis Ali BasahAbstract:This study aims to examine whether the family control affects the relationship between the effectiveness of Board of Directors and firm performance. This study depends on a panel data set drawn from 120 firms listed on the Amman stock exchange for the period from 2009 to 2013. The mechanisms of the effectiveness of the Board of Directors are considered as predictors of the firm performance that will measured by the return on assets (ROA) and Tobin’s Q. The family control represents the moderating variable. To identify the moderating impact of the family control on the relationship between the effectiveness of the Board of Directors and performance, this study depends on a composite measure of the effectiveness of Board of Directors to capture the aggregate impact of Board’s effectiveness on firm performance. The findings of the hierarchical regression analysis find that the family control has a significant negative moderating impact on the relationship between the effectiveness of Board of Directors and firm performance measured by Tobin's Q. Conversely, the study found an insignificant positive relation with ROA.
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Board of Directors’ Effectiveness and Firm Performance: Evidence from Jordan
Research Journal of Finance and Accounting, 2017Co-Authors: Mohammed Hassan Makhlouf, Nur Hidayah Laili, Mohamad Yazis Ali Basah, Nur Ainna RamliAbstract:This paper aims to examine the relationship between the Board of director’s effectiveness and firm performance in Jordanian listed firms. The study used panel data approach over a period of five years from 2009 to 2013, with a sample of 120 non-financial firms listed on Amman Stock Exchange, these firms represents around 56% of Jordanian listed firms. In terms of the effect of Board of Directors on firm performance, five characteristics of the Board of Directors are identified: Board of Directors’ independence, Board size, Board meetings, leadership structure and Board of Directors' ownership. The firm performance was assessed by (ROA) as an accounting-based performance measure and Tobin’s Q (TQ) as a market-based indicator. The findings indicate that the independence of Board of Directors and Board of Directors' ownership have a positive impact on firm performance. The results also find that the smaller Board size enhances the firm performance. Further analysis shows that the findings fail to reveal any significant impact for the frequency of Board meetings and leadership structure on firm performance. The study contributes to the literature on Board of Directors’ effectiveness and firm performance in developing countries especially in Jordan. This study provides useful information that is of great value to policy makers, academics and other stakeholders. Keywords: Corporate governance, Board of Directors’ effectiveness, firm performance, Jordan.
Marco Savioli - One of the best experts on this subject based on the ideXlab platform.
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composition and activity of the Board of Directors impact on esg performance in the banking system
Sustainability, 2018Co-Authors: G Birindelli, Stefano Dellatti, Antonia Patrizia Iannuzzi, Marco SavioliAbstract:A growing body of research suggests that the composition of a firm’s Board of Directors can influence its environmental, social and governance (ESG) performance. In the banking industry, ESG performance has not yet been explored to discover how a critical mass of women on the Board of Directors affects performance. This paper seeks to fill this gap in the literature by testing the impact of a critical mass of female Directors on ESG performance. Other Board characteristics are accounted for: independence, size, frequency of meetings and Corporate Social Responsibility (CSR) committee. We use fixed effects panel regression models on a sample of 108 listed banks in Europe and the United States for the period 2011–2016. Our main empirical evidence shows that the relationship between women on the Board of Directors and a bank’s ESG performance is an inverted U-shape. Therefore, the critical mass theory for banks is not supported, confirming that only gender-balanced Boards positively impact a bank’s performance for sustainability. There is a positive link between ESG performance and Board size or the presence of a CSR committee, while it is negative with the share of independent Directors. With this work, we stress the key role of corporate governance principles in banks’ ESG performance, with relevant implications for both banks and supervisory authorities.