Board Characteristics And Performance Of Banks- Evidence From India
Main Article Content
Abstract
Board characteristics and its impact on performance of the banks has been an area of attraction for researchers since last two decades. The present study focuses on measuring the impact of board characteristics on financial performance of Indian banks. The database of 35 Scheduled Commercial listed banks operating in India including 18 public and 17 private sector banks have been analyzed for a period of 7 years i.e. from 2012-13 to the year 2018-19. A standard method of calculating heteroscedasticity- robust standard error for the fixed effect model and clustered standard error regression technique was used to address the problem of serial correlation consistent with fixed effect estimator. Financial performance is measured using ROA and ROE. It is concluded that the board independence and number of board meetings are significantly and negatively associated with return on asset. However, Board size is positively and significantly associated with ROE.
Downloads
Metrics
Article Details
Licensing
TURCOMAT publishes articles under the Creative Commons Attribution 4.0 International License (CC BY 4.0). This licensing allows for any use of the work, provided the original author(s) and source are credited, thereby facilitating the free exchange and use of research for the advancement of knowledge.
Detailed Licensing Terms
Attribution (BY): Users must give appropriate credit, provide a link to the license, and indicate if changes were made. Users may do so in any reasonable manner, but not in any way that suggests the licensor endorses them or their use.
No Additional Restrictions: Users may not apply legal terms or technological measures that legally restrict others from doing anything the license permits.