The impact of board characteristics on firm’s financial performance: A study on non-bank financial institutions of Bangladesh
Author (s)
Md. Kamrul Islam, K. M. Shahriar Pervej & Younghwan Lee
Abstract
The objective of this research is to scrutinize the impact of characteristics of board on the financial outcomes of firms. This paper considered 28 non-bank institutions and secondary sources have been used to collect data over a five-year period. To show the correlation of board characteristics and firm’s performance in terms of return, regression analysis has been conducted where board size, women members in BOD, number of board meetings, audit committee, female executives, board directors and number of independent directors have considered independent variables and Return on Assets (ROA) has taken as the dependent variable for this study. The analysis reflected that, except the number of Directors in the executive committee, no other independent variables have a significant impact on Return on Asset (ROA).
Keywords: Board characteristics, Firm performance, NBFI, Bangladesh, ROA.
| Title: | The impact of board characteristics on firm’s financial performance: A study on non-bank financial institutions of Bangladesh |
|---|---|
| Author: | Md. Kamrul Islam, K. M. Shahriar Pervej & Younghwan Lee |
| Journal Name: | International Journal of Science and Business |
| Website: | ijsab.com |
| ISSN: | ISSN 2520-4750 (Online), ISSN 2521-3040 (Print) |
| DOI: | https://doi.org/10.5281/zenodo.6655003 |
| Media: | Online & Print |
| Volume: | 12 |
| Issue: | 1 |
| Issue publication (Year): | 2022 |
| Acceptance Date: | 10/06/2022 |
| Date of Publication: | 17/06/2022 |
| PDF URL: | https://ijsab.com/wp-content/uploads/936.pdf |
| Free download: | Available |
| Page: | 58-69 |
| First Page: | 58 |
| Last Page: | 69 |
| Paper Type: | Research paper |
| Current Status: | Published |
Cite This Article:
Md. Kamrul Islam, K. M. Shahriar Pervej & Younghwan Lee (2022). The impact of board characteristics on firm’s financial performance: A study on non-bank financial institutions of Bangladesh. International Journal of Science and Business, 12(1), 58-69. doi: https://doi.org/ 10.5281/zenodo.6655003
Retrieved from https://ijsab.com/wp-content/uploads/936.pdf
About Author (s)
Md Kamrul Islam (Corresponding author), Lecturer, Department of Business Administration, Notre Dame University Bangladesh, Dhaka, Bangladesh.
K. M. Shahriar Pervej, Ph.D. candidate, Kumoh National Institute of Technology, Gyeongsangbuk-do, South Korea.
Younghwan Lee, Professor, Business Administration, Kumoh National Institute of Technology, Gyeongsangbuk-do, South Korea.
DOI: https://doi.org/10.5281/zenodo.6655003