Title: Board characteristics and firm performance: the moderating role of board expertise

Authors: Ozigi Omoyi Obeitoh; Meshach Auta Bulusson; Ismaila Yusuf

Addresses: Department of Accounting, Faculty of Management Science, Federal University Dutsin ma, Dustin ma Katsina State, Nigeria ' Department of Accounting, Faculty of Management Science, Federal University Dutsin ma, Dustin ma Katsina State, Nigeria ' Department of Accounting, Faculty of Management Science, Federal University Dutsin ma, Dustin ma Katsina State, Nigeria

Abstract: Corporate governance failure has always been an area of interest to researchers and regulators as most cases of poor performance have always been the product of corporate governance failure. This study however shed light on certain corporate governance attributes that hitherto were not addressed by previous studies. The aim of this study is to provide evidence on the moderating role of board expertise in examining board characteristics and firm performance. The study adopts GMM statistical model with 10-year panel data among 40 listed firms in Nigeria. The 10-year period covers 2012 to 2021. The findings of our study reveal a significant positive relationship between board size, meeting, young female directors, female financial experts, board expertise and financial performance. The interaction of board expertise as a moderator with board size, independence, young female directors, and female financial experts improves firm performance.

Keywords: board expertise; financial expertise of female directors; young female director; board size; board meeting; financial performance.

DOI: 10.1504/EMJM.2023.133609

EuroMed Journal of Management, 2023 Vol.5 No.3/4, pp.185 - 209

Received: 10 Nov 2022
Accepted: 23 Dec 2022
Published online: 25 Sep 2023 *

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