Al-Daoud, Khaleel Ibrahim and Saidin, Siti Zabedah and Abidin, Shamharir (2016) Board meeting and firm performance: evidence from the Amman Stock Exchange. Corporate Board: Role, Duties and Composition, 12 (2). ISSN 1810-8601
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This study examines the impact of board meeting frequency on the firm performance of the firms listed on the Amman Stock Exchange from industry and service sectors for the 2009-2013 period. The study controls for endogeneity and simultaneously problems using the dynamic panel technique of Generalized Method of Moments (GMM).The findings of the study suggest that a positive association between the frequency of corporate board meetings and firm performance.This suggests that through meetings, board members determine operational issues through discussing and engaging with each other frequency meetings enhancing the decision making process, and consequently the performance of the firms.The findings also show that lagged dependent variable in the estimation model is important in explaining the relationship, which further indicates the appropriateness of the estimation models in our study.This study provides insightful evidence to policy makers on the effectiveness of the of the 2009 Code of Corporate Governance.
Item Type: | Article |
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Uncontrolled Keywords: | Performance, Corporate Governance, Board Meetings, GMM, Jordan |
Subjects: | H Social Sciences > HF Commerce > HF5601 Accounting |
Divisions: | Tunku Puteri Intan Safinaz School of Accountancy (TISSA) |
Depositing User: | Mdm. Siti Zabedah Hj Saidin |
Date Deposited: | 02 Feb 2017 07:28 |
Last Modified: | 02 Feb 2017 07:28 |
URI: | https://repo.uum.edu.my/id/eprint/20824 |
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