Share
Board Efficacy on the Financial Performance of Banks
Immaculate N. Mwangi
(Author)
·
LAP Lambert Academic Publishing
· Paperback
Board Efficacy on the Financial Performance of Banks - Mwangi, Immaculate N.
Choose the list to add your product or create one New List
✓ Product added successfully to the Wishlist.
Go to My Wishlists
Origin: U.S.A.
(Import costs included in the price)
It will be shipped from our warehouse between
Friday, July 19 and
Friday, July 26.
You will receive it anywhere in United Kingdom between 1 and 3 business days after shipment.
Synopsis "Board Efficacy on the Financial Performance of Banks"
This book looks at the efficacy of the board of directors' characteristics on the financial performance (Return on assets) of listed commercial banks in the Nairobi Securities Exchange. It looks at director independence, financial expertise, and multiple directorships as the board characteristics, while the agency theory is used as the theoretical framework.11 listed commercial banks for the period 2009-2016 were selected using judgmental sampling, while the unit of measure is the board of directors. Panel data is used to test the board efficacy. The result is that the overall model is significant at 5% significance level with a p-value of 0.0283. The results infer that an increase in director independence leads to high financial performance. It is also inferred that a unit increase in director independence increases the return on assets by 0.0198. Lastly having more directors with financial expertise could lead to an increase in return on assets while refering to both fixed and random effects analyses by a factor of 0.246 and 0.290 respectively. This implies that having more directors with financial expertise improves the return on assets of the banks.
- 0% (0)
- 0% (0)
- 0% (0)
- 0% (0)
- 0% (0)
All books in our catalog are Original.
The book is written in English.
The binding of this edition is Paperback.
✓ Producto agregado correctamente al carro, Ir a Pagar.
