Title: Board characteristics and bank performance in emerging stock markets
Authors: Wissem Daadaa
Addresses: Faculty of Science Economics and Management of Nabeul, University of Carthage Tunisia, Tunisia
Abstract: The paper examines the relationship between financial performance and corporate board characteristics of Tunisian bank during the period of 2005-2018; we explore the impact of board structure characteristics such as board size, independence, institutional and duality on bank performance. Our results confirm the importance of board control within the bank; we find negative relationship between board size, board institutional members and bank profitability. The result proves non-significant enhancement in bank performance when the role of director and board president is separate. We conclude that Tunisian banks need to develop their governance mechanisms; set an optimal size and restructure the board composition. Tunisian banks need to improve their government strategy and the board composition to optimise their performance.
Keywords: bank governance; ownership structure; board characteristics; banking performance.
DOI: 10.1504/IJBEM.2020.107728
International Journal of Business and Emerging Markets, 2020 Vol.12 No.2, pp.119 - 132
Received: 19 Aug 2019
Accepted: 16 Nov 2019
Published online: 10 Jun 2020 *