Show simple item record

dc.contributor.authorPatrick Nyatete Kenyanya, Benjamin Ombok, Robert Kisavi Mule
dc.date.accessioned2020-09-02T06:37:42Z
dc.date.available2020-09-02T06:37:42Z
dc.date.issued2017-11
dc.identifier.citation1en_US
dc.identifier.issn2348-5302 electronic
dc.identifier.issn2348-8875 print
dc.identifier.urihttps://repository.maseno.ac.ke/handle/123456789/2654
dc.description.abstractThis study investigates the role of board composition in influencing valueadded performance for firms in the Nairobi Securities Exchange (NSE) using the fixed effects panel data methodology. Using a sample of 456 firm-year observations obtained from 38 firms for the years 2003 to 2014, we find evidence that board gender diversity (β = 0.0737; p = 0.0265) and board size (β = 0.0934; p = 0.0000) positively and significantly influence value-added performance. However, board independence (β = -0.0830; p = 0.0015) is found to significantly but negatively affect value-added performance. Based on this evidence, we conclude that board gender diversity and board size are significant positive predictors of value-added performance while board independence is a pertinent negative predictor of valueadded performance. We therefore recommended that the listed firms increase their board sizes and number of women in their boards but reduce the number of nonexecutive directors if they seek to compete in the globalised marketsen_US
dc.publisherScholars Academic and Scientific Publishersen_US
dc.subjectBoard Composition, Value-added Performance, Panel Data, Nairobi Securities Exchangeen_US
dc.titleBoard Composition and Value-added Performance in an Emerging Securities Market: Panel Evidence from Kenyaen_US
dc.typeArticleen_US


Files in this item

Thumbnail

This item appears in the following Collection(s)

Show simple item record