| Popis: |
This study examined the relationship between board characteristics and market value added of listed service firms in Nigeriafor a fourteen year period covering from 2008-2021. Board size, board gender diversity and board independencewere used to proxy board characteristics, while market value added served as the dependent variable. In line with the objectives of the study, three hypotheses were formulated. Ex-Post factoresearch design was employed. Twelve (12) listed service firms constituted the sample size of this study. Secondary data were extracted from the annual reports and accounts of the sampled firms and were analysed using E-Views 10.0 statistical software. The study employed descriptive statistics and inferential statistics using Pearson correlation andPanel Least Square (PLS) regression analysis. Findings from the empirical analysis showed thatthere is a significant and positive relationship between board size andmarket value added (β1=0.472095; p-value = 0.0000 |
