ISSN: 2520-4750 (Online), 2521-3040 (Print)

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.

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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.

 

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DOI: https://doi.org/10.5281/zenodo.6655003

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