| dc.description.abstract | This study has two main substantial targets and one of them is the examination of the
relationship between the board of director characteristics namely, Board size, Board
independence, Board meeting and firm performance. The others is to explore the
moderating effect of the board diversity (foreign members on the board and the female
members) on the association between the Board of directors and firm performance.
Besides, the firm size and leverage are treated as control variables. The sample of this
study included all non-financial companies in two years (2012 and 2013). This study used
multiple regressions to analyze the association between the Board characteristics and firm
performance. In addition, this study used hierarchical multiple regression to examine the
relationship between moderator’s variable and dependent variable. This study found a
significant positive relationship between Board meetings, Board independence with
ROA. On the other hand, a negative relationship was revealed between foreign board
members and ROA. Moreover, the moderating of board diversity is mostly not significant
on the relationship of board characteristics and firm performance except moderating
effect of foreign members on the relationship of board independence and ROA in the year
2013. The findings may provide some implications for future research regarding the
effectiveness of board towards firm performance | en_US |
