Now you see me: diversity, CEO education, and bank performance in the UK
This paper investigates the impact of board diversity and CEO educational background on bank performance. Based on a sample of 54 UK publicly listed banks over the period 2005–2015, we examine the relationship of both static and dynamic modelling frameworks, which controls for individual specific ef...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
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LLC "CPC "Business Perspectives"
2018-03-01
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| Series: | Investment Management & Financial Innovations |
| Subjects: | |
| Online Access: | https://businessperspectives.org/images/pdf/applications/publishing/templates/article/assets/10108/imfi_2018_01_Elsharkawy.pdf |
| _version_ | 1819053668391976960 |
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| author | Mohamed Elsharkawy Audrey S. Paterson Mohamed Sherif |
| author_facet | Mohamed Elsharkawy Audrey S. Paterson Mohamed Sherif |
| author_sort | Mohamed Elsharkawy |
| collection | DOAJ |
| description | This paper investigates the impact of board diversity and CEO educational background on bank performance. Based on a sample of 54 UK publicly listed banks over the period 2005–2015, we examine the relationship of both static and dynamic modelling frameworks, which controls for individual specific effects and potential sources of endogeneity. The study reports a positive but insignificant relationship between CEO education and bank performance, and a positive significant association between gender diversity and bank performance. It further denotes a negative and significant impact of nationality diversity on bank performance. Our findings provide empirical support for the significance of the association between board diversity and firm performance. Our study also provides support for theories concerned with how corporate governance differs in financial institutions. |
| first_indexed | 2024-12-21T12:39:23Z |
| format | Article |
| id | doaj.art-2d03e343b8c34d12b0019a53d2c32d00 |
| institution | Directory Open Access Journal |
| issn | 1810-4967 1812-9358 |
| language | English |
| last_indexed | 2024-12-21T12:39:23Z |
| publishDate | 2018-03-01 |
| publisher | LLC "CPC "Business Perspectives" |
| record_format | Article |
| series | Investment Management & Financial Innovations |
| spelling | doaj.art-2d03e343b8c34d12b0019a53d2c32d002022-12-21T19:03:49ZengLLC "CPC "Business Perspectives"Investment Management & Financial Innovations1810-49671812-93582018-03-0115127729110.21511/imfi.15(1).2018.2310108Now you see me: diversity, CEO education, and bank performance in the UKMohamed Elsharkawy0Audrey S. Paterson1Mohamed Sherif2M.Sc., Accountancy, Economics and Finance Department, School of Social Sciences (SoSS), Heriot-Watt University, Edinburgh, UK; Business Administration Department, Faculty of Commerce, Cairo University, CairoPh.D., Accountancy, Economics and Finance Department, School of Social Sciences (SoSS), Heriot-Watt University, EdinburghPh.D., Accountancy, Economics and Finance Department, School of Social Sciences (SoSS), Heriot – Watt University, EdinburghThis paper investigates the impact of board diversity and CEO educational background on bank performance. Based on a sample of 54 UK publicly listed banks over the period 2005–2015, we examine the relationship of both static and dynamic modelling frameworks, which controls for individual specific effects and potential sources of endogeneity. The study reports a positive but insignificant relationship between CEO education and bank performance, and a positive significant association between gender diversity and bank performance. It further denotes a negative and significant impact of nationality diversity on bank performance. Our findings provide empirical support for the significance of the association between board diversity and firm performance. Our study also provides support for theories concerned with how corporate governance differs in financial institutions.https://businessperspectives.org/images/pdf/applications/publishing/templates/article/assets/10108/imfi_2018_01_Elsharkawy.pdfboard diversityCEO educationcorporate governanceUK banks |
| spellingShingle | Mohamed Elsharkawy Audrey S. Paterson Mohamed Sherif Now you see me: diversity, CEO education, and bank performance in the UK Investment Management & Financial Innovations board diversity CEO education corporate governance UK banks |
| title | Now you see me: diversity, CEO education, and bank performance in the UK |
| title_full | Now you see me: diversity, CEO education, and bank performance in the UK |
| title_fullStr | Now you see me: diversity, CEO education, and bank performance in the UK |
| title_full_unstemmed | Now you see me: diversity, CEO education, and bank performance in the UK |
| title_short | Now you see me: diversity, CEO education, and bank performance in the UK |
| title_sort | now you see me diversity ceo education and bank performance in the uk |
| topic | board diversity CEO education corporate governance UK banks |
| url | https://businessperspectives.org/images/pdf/applications/publishing/templates/article/assets/10108/imfi_2018_01_Elsharkawy.pdf |
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