Board Members and Board Characteristics Effect on Bank Performance in Turkey
Öz
This study analyzes the effect
of board member’s characteristics (political, national and gender) and board
characteristics (board size, CEO-chairman duality) on bank performance, with
the main attention being on the political board directors, in Turkey. By making
use of a sample of 31 commercial banks in Turkey, during the period of
2002-2013, our empirical evidence shows that political board directors have a
significantly negative impact on bank performance. We found new evidence that
not only political board directors inhibit bank performance, but politically
connected banks also have less accounting performance than their non-connected
counterparts. Similarly, our results indicate that foreign board directors also
affect negatively bank performance. Furthermore, our results demonstrate that
gender diversity, board size and CEO-Chairman duality has no impact on bank
performance. Our results are robust to the alternative time-period and
estimation models.
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Referans 1
Aburime, T. Uhomoibhi. (2009), “Impact of Political Affiliation on Bank Profitability in Nigeria”, African
Journal of Accounting, Economics, Finance and Banking Research, 4(4): 61-75.