IDEAS home Printed from https://ideas.repec.org/a/asi/aeafrj/v10y2020i1p54-63id1909.html
   My bibliography  Save this article

Impact of Corporate Governance on Financial Institutions’ Performance: A Board Composition Case

Author

Listed:
  • Shamsi S Bawaneh

Abstract

The impact and implementation of Corporate Governance (CG) has been a matter of interest for various firms, as it substantially affects the financial stability of institutions. This study analyses the impact of Corporate Governance (CG) elements that include board composition on the financial performances of the financial institutions listed on Jordan’s Amman Stock Exchange (ASE). The study population involved 40 Jordanian financial institutions belonging to both commercial banks and financial companies listed on the Amman Stock exchange (ASE). Spearman correlation was used to identify the relationship between corporate governance and financial performance of institutions. It showed an insignificant correlation between board composition in general and companies’ financial performance. In the relationship between each board composition factor to each financial performance measure, the study found positive, negative, and mixed correlation results. While analyzing the institution’s performance, any prospective researcher should consider other CG factors so that the study could better represent the CG impact on institutions’ performance in developing countries such as Jordan.

Suggested Citation

  • Shamsi S Bawaneh, 2020. "Impact of Corporate Governance on Financial Institutions’ Performance: A Board Composition Case," Asian Economic and Financial Review, Asian Economic and Social Society, vol. 10(1), pages 54-63.
    • Handle: RePEc:asi:aeafrj:v:10:y:2020:i:1:p:54-63:id:1909
    as

    Download full text from publisher

    File URL: https://archive.aessweb.com/index.php/5002/article/view/1909/2952
    Download Restriction: no
    File URL: https://archive.aessweb.com/index.php/5002/article/view/1909/4459
    Download Restriction: no
    ---><---

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Thanh Tiep Le & Abhishek Behl, 2022. "Role of corporate governance in quick response to Covid-19 to improve SMEs’ performance: evidence from an emerging market," Operations Management Research, Springer, vol. 15(1), pages 528-550, June.
    2. Henry Osahon Osazevbaru, 2021. "Conservative Business Strategy as Moderator of Board Independence and Corporate Performance Nexus in Nigerian Financial Companies," Asian Economic and Financial Review, Asian Economic and Social Society, vol. 11(6), pages 446-456, June.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:asi:aeafrj:v:10:y:2020:i:1:p:54-63:id:1909. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Robert Allen (email available below). General contact details of provider: https://archive.aessweb.com/index.php/5002/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.