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Board Meeting Effectiveness and Bank Performance: Evidence from Sub-Saharan Africa

Author

Listed:
  • Lawrence Asare Boadi

    (University of Professional Studies, Accra, Ghana,)

  • Philomena Dadzie

    (University of Professional Studies, Accra, Ghana,)

  • Sampson Narteh-Yoe

    (University of Professional Studies, Accra, Ghana,)

  • James Ntiamoah Doku

    (University of Professional Studies, Accra, Ghana,)

  • Richard Takyi Opoku

    (Islamic University College, Ghana.)

  • Kofi Afriyie Nyamekye

    (University of Professional Studies, Accra, Ghana,)

Abstract

The main objective of the study was to evaluate the effectiveness and performance of board meetings at banks in sub-Saharan Africa. The study adopted a quantitative research design and collected secondary data from the annual reports of 33 banks in sub-Saharan Africa to cover the period 2011–2020. To achieve its research objective, the study employed the two-step GMM regression model to examine the relationship between board meeting effectiveness and bank performance. A positive and statistically significant correlation between the effectiveness of board meetings and the financial success of banks was discovered in this research. Our results suggest that improving the efficiency of board meetings can be a viable strategy for boosting bank performance, which has significant ramifications for bank governance in sub-Saharan Africa.

Suggested Citation

  • Lawrence Asare Boadi & Philomena Dadzie & Sampson Narteh-Yoe & James Ntiamoah Doku & Richard Takyi Opoku & Kofi Afriyie Nyamekye, 2023. "Board Meeting Effectiveness and Bank Performance: Evidence from Sub-Saharan Africa," International Journal of Economics and Financial Issues, Econjournals, vol. 13(6), pages 35-41, November.
    • Handle: RePEc:eco:journ1:2023-06-5
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    References listed on IDEAS

    as
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    5. Marco Allegrini & Giulio Greco, 2013. "Corporate boards, audit committees and voluntary disclosure: evidence from Italian Listed Companies," Journal of Management & Governance, Springer;Accademia Italiana di Economia Aziendale (AIDEA), vol. 17(1), pages 187-216, February.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    Board Meeting; Bank; Performance; GMM; sub-Saharan Africa;
    All these keywords.

    JEL classification:

    • G2 - Financial Economics - - Financial Institutions and Services
    • G3 - Financial Economics - - Corporate Finance and Governance

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