The effects of board size on firm’s performance: evidence from the Nigerian manufacturing industry. LAPAI Journal of Management Science, IBB University, vol. 2(1):14-23
Abstract
Description
This study is a contribution to the existing literatures on the role of board size in the performance of manufacturing firms in Nigeria. 30 manufacturing companies listed in the Nigerian Stock Exchange between 2003 and 2007 were selected based on their level of market capitalization. The linear regression analysis method was used to analyse the relationship that exist between the dependent (Profit margin) and the independent (Board size) variables. After the analysis, the study therefore observed a positive but weak relationship between board size and performance of manufacturing firms in Nigeria. This therefore supports some of the prior studies on board size and performance.
Keywords
HF5601 Accounting