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

Autor: Lawrence Asare Boadi, Philomena Dadzie, Sampson Narteh-Yoe, James Ntiamoah Doku, Richard Takyi Opoku, Kofi Afriyie Nyamekye
Jazyk: angličtina
Rok vydání: 2023
Předmět:
Zdroj: International Journal of Economics and Financial Issues, Vol 13, Iss 6 (2023)
Druh dokumentu: article
ISSN: 2146-4138
DOI: 10.32479/ijefi.14882
Popis: 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.
Databáze: Directory of Open Access Journals