Title: Islamic banks board independence and its relation to performance in GCC countries

Authors: Mariam Khalil AlQanea; Allam Mohammed Mousa Hamdan

Addresses: Consumer Protection Department, Ministry of Commerce and Industry and Tourism, Ahlia University, Bahrain ' Accounting and Economics Department, College of Business and Finance, Ahlia University, P.O. Box 10878, Manama, Kingdom of Bahrain

Abstract: This study aims to investigate the impact of board independence on performance of Islamic Banks in Gulf Cooperation Council (GCC). The study used panel data of 30 Islamic banks for the period (2012-2014) from Bahrain bourse, Saudi stock exchange 'Tadawal', Abu Dhabi securities exchange and Dubai financial market, Kuwait stock exchange, Qatar stock exchange and Muscat securities market. The study also used several econometric techniques to confirm its results such as fixed-effect panel data regression. The study found that there is an inverse effect of board independence on Islamic banks performance which was measured using: ROA and ROE.

Keywords: board independence; Islamic banks performance; GCC countries.

DOI: 10.1504/IJIMB.2017.084810

International Journal of Islamic Marketing and Branding, 2017 Vol.2 No.2, pp.100 - 121

Received: 14 Jul 2016
Accepted: 17 Jan 2017
Published online: 29 Jun 2017 *

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