Document Details

Document Type : Thesis 
Document Title :
THE EFFECT OF BOARD OF DIRECTORS CHARACTERISTICS ON THE FINANCIAL PERFORMANCE OF SAUDI INDUSTRIAL CORPORATIONS : AN EMPIRICAL STUDY
أثر خصائص مجلس الإدارة على الأداء المالي للشركات المساهمة الصناعية السعودية: دراسة تطبيقية
 
Subject : Faculty of Economics and Management 
Document Language : Arabic 
Abstract : This research aimed to examine the effect of board of directors’ characteristics on the financial performance of Saudi industrial corporations. The sample consisted of 40 corporations listed under material sector on Saudi Stock Exchange (Tadawul) for a five-year period (2017 – 2021). Four of board of directors characteristics were examined exemplified in board size, board meetings, board independence and board education. The performance was measured by accounting-based ratios (return on assets and return on equity) and market-based ratio (Tobin’s Q). After studying the samples annual reports, data was analyzed using panel data method, and results were confirmed through specialized statistical tests using the statistical software (Eviews 12). The findings of this research indicated an overall positive financial performance and commitment to the Saudi Corporate Governance Regulations (SCGR) in the sample. Moreover, the analysis of study hypotheses indicated that there is no significant effect from the previously listed board of directors’ characteristics on the three measurements of performance in Saudi industrial corporations within the sample. The research recommended that companies should periodically examine their commitment to SCGR, along with following objective criterion especially in the process of appointing independent and higher education directors who should have the required experience for achieving companies’ goals. Moreover, Capital Market Authority was also recommended to take care of board of directors characteristics, both quantity and quality, due to their importance in accomplishing boards tasks efficiently, and they should update "kinship" term within SCGR. Finally, researchers were recommended to conduct future studies related to the topic of corporate governance and board of directors in Saudi Arabia. Keywords: Corporate governance, board of directors’ characteristics, financial performance, Saudi Stock Exchange (Tadawul). 
Supervisor : Dr. Maha Al-Sayegh 
Thesis Type : Master Thesis 
Publishing Year : 1444 AH
2023 AD 
Added Date : Tuesday, September 12, 2023 

Researchers

Researcher Name (Arabic)Researcher Name (English)Researcher TypeDr GradeEmail
فاطمه محمد با عقيلBa Aqeel, Fatimah MohammedResearcherMaster 

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