| Autor: |
Yunusa, Acho, Musa, Jibrin Success, Friday, Achema |
| Předmět: |
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| Zdroj: |
Igwebuike Journal: An African Journal of Arts & Humanities; 2024, Vol. 10 Issue 2, p22-42, 21p |
| Abstrakt: |
The effectiveness and efficiency of the board of directors as a monitoring tool for the management of an organization is essential to the performance of the firms. Given that board efficiency is subject to its structure, it, therefore, becomes imperative for studies to empirically ascertain board independence board size gender diversity and financial performance of listed insurance firms in Nigeria. The population comprises all the quoted insurance firms in Nigeria while the filtering technique was used to arrive at a sample size of twenty-three (23) listed insurance firms in Nigeria. The hypotheses were tested using a robust random effect regression model after conducting some diagnostics tests. The results of the first model show that board size, gender diversity, and board independence have a significant positive relationship with the return on equity of listed insurance firms in Nigeria. The study recommends among others, that the insurance firms should constitute a small board size that is drawn from those who are well experienced and knowledgeable in the industry to bring their expertise to bear and enhance the financial performance of the firms in Nigeria. The firm size should not be put into consideration when making decisions regarding board structure as it does not influence the relationship between most board structure variables and the financial performance of insurance firms in Nigeria. [ABSTRACT FROM AUTHOR] |
| Databáze: |
Complementary Index |
| Externí odkaz: |
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