DO BOARD OF DIRECTORS DETERMINANTS HAVE EFFECT ON THE COMPANY PERFORMANCE? EMPIRICAL EVIDENCE FROM UAE

Abstract

Corporate governance (CG) issues have been a subject among researchers for over three decades, owing to the rising occurrence of global economic crises. The current study examines the relationship between the corporate governance process (characteristics of board size, board meeting, board independence, international board member) and performance of listed companies in the UAE during 2012-2014. Data from the annual reports of 26 non-financially listed companies in the Abu Dhabi Security Exchange Market (ADJ) and 18 non-financial companies in the Dubai Financial Market (DFM) were collected to analyze this model for the study. This analysis used panel data methods from 44 companies with 132 observations to analyze the data. Strong size and leverage as variables of influence. On the basis of data findings, Return on Assets ( ROA) measured random effects model were applied to inspect the effects of the prognosticators on corporate output. The statistical findings indicate important ties between Board meetings, board size, the independence of board members and ROA members of international board members. This study offers various guidelines for regulator (Capital Market) and UAE companies as well as suggestions for future scientific research.