The impact of multiple directorships, board characteristics, and ownership on the performance of Palestinian listed companies

Q4 Economics, Econometrics and Finance

International Journal of Accounting, Auditing and Performance Evaluation Pub Date : 2020-04-14 DOI:10.1504/ijaape.2020.10028481

M. A. Saleh, Rohaida Abdul Latif, Fathiyyah Abu Bakar, Zahraddeen Salisu Maigoshi

引用次数: 13

Abstract

This research investigates the impact of multiple directorships, board characteristics, and ownership structure among non-financial firms listed on the Palestine Security Exchange (PSE) during the period from 2009 to 2016. Based on panel data of 200 observations, the results show that multiple directorships of board members, more especially independent directors, reduce the overall effectiveness of the firms and lowers their performance. In contrast, results show that board gender diversity and institutional ownership improve corporate performance. The analysis was repeated by considering Tobin's Q as a dependent. This study is timely, given some unique justifications and recommendations for limiting the practice of having excessive multiple directorships because this practice distracts managers from adequately performing their duties.

查看原文本刊更多论文

多董事、董事会特征和所有权对巴勒斯坦上市公司绩效的影响

本文研究了2009年至2016年期间在巴勒斯坦证券交易所(PSE)上市的非金融公司中，多重董事、董事会特征和所有权结构的影响。基于200个观察结果的面板数据，结果表明，董事会成员，特别是独立董事的多重董事身份降低了公司的整体有效性，降低了公司的绩效。相反，结果表明董事会性别多样性和机构所有权提高了公司绩效。通过考虑托宾Q作为依赖变量，重复分析。这项研究是及时的，给出了一些独特的理由和建议来限制过多的多个董事的做法，因为这种做法分散了管理者充分履行职责的注意力。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

求助全文

约1分钟内获得全文求助全文

来源期刊

International Journal of Accounting, Auditing and Performance Evaluation Economics, Econometrics and Finance-Finance

CiteScore

0.70

自引率

0.00%

发文量

期刊介绍： IJAAPE publishes original scholarly papers across the whole spectrum of: financial accounting, managerial accounting, accounting education, auditing, taxation, public sector accounting, capital market and accounting, accounting information systems, performance evaluation, corporate governance, ethics, and financial management. All methodologies, such as analytical, empirical, behavioural, surveys, and case studies are welcome. IJAAPE encourages contributions especially from emerging markets and economies in transition and studies whose results are applicable across nation states or capable of being adapted to the different accounting and business environments.