Title: Do banks have special features of corporate governance that influence financial performance? Evidence from Tunisian Listed Banks

Authors: Khaoula Aliani; Khadija Ben Ali; Imen Mhamid

Addresses: Business Administration Department, Princess Nourah Bint Abdulrahman University, PNU, Riyadh, KSA; Higher Institute of Business Administration, Gafsa, Tunisia ' Higher Institute of Business Administration, Gafsa, Tunisia ' Higher Institute of Business Administration, Gafsa, Tunisia

Abstract: The paper aims to investigate the impact of corporate governance, based on the board, on the bank's financial performance. We complete previous literature by analysing the case of an emerging context. Specifically, our sample includes eleven banks listed on the Tunisian stock exchange, during six years (2008–2013). The empirical results suggest that there is a negative effect of foreign directors and administrators representing the state. In addition, there is a positive effect of the following variables: independence of directors, audit quality and duality on bank performance. However, board diversity doesn't seem to have any substantial effect on Tunisian bank performance.

Keywords: performance; corporate governance; board of directors; Tunisian banks.

DOI: 10.1504/IJMNE.2019.105853

International Journal of Management and Network Economics, 2019 Vol.4 No.3, pp.263 - 278

Received: 06 Aug 2018
Accepted: 07 Jan 2019

Published online: 04 Mar 2020 *

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