Effect of Board Structure on Board Performance in Malawi

Kezzie Mkandawire, Betchani Tchereni and Mustafa Hussein

Journal of Accounting and Finance in Emerging Economies, 2024, vol. 10, issue 1, 23-32

Abstract: Purpose:&This study analyses the effect of board structure elements on board performance in Malawi, an Emerging economy.Design/Methodology/Approach:&The research adopted the cross sectional survey design. Data were&obtained from 174 directors drawn from board members of Malawi stock exchange listed entities, state owned enterprises, private companies and non governmental organisations. Multiple regression analysis was employed to test the impact&of board structure on board performance.Findings:&Results demonstrated that board structure plays a significant role on board performance. Specifically, the study found positive and significant association&between board size, board diversity and board performance, but failed to find significant evidence to link board composition, CEO duality, audit committee and board performance.Implications/Originality/Value:&The research outcome suggest that to improve board performance in Malawi, owners/shareholders must constitute the right board size that is also well diversified.

Keywords: Corporate Governance; Board Structure; Board Roles; Board Performance (search for similar items in EconPapers)
Date: 2024
References: Add references at CitEc
Citations:

Downloads: (external link)
https://publishing.globalcsrc.org/ojs/index.php/jafee/article/view/2909/1704 (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:src:jafeec:v:10:y:2024:i:1:p:23-32

DOI: 10.26710/jafee.v10i1.2909

Access Statistics for this article

More articles in Journal of Accounting and Finance in Emerging Economies from CSRC Publishing, Center for Sustainability Research and Consultancy Pakistan Contact information at EDIRC.
Bibliographic data for series maintained by Rabia Rasheed ().