How to cite this paper
Eleimat, D., Al-Daoud, K., Vasudevan, A., Mohammad, A., Hunitie, M & Fei, Z. (2024). The impact of corporate governance on the financial performance of banks.Uncertain Supply Chain Management, 12(4), 2429-2440.
Refrences
Abdelbadie, R. A., & Salama, A. (2019). Corporate governance and financial stability in US banks: do indirect interlocks matter?. Journal of Business Research, 104, 85-105.
Afriyie, J. K., Twumasi-Ankrah, S., Gyamfi, K. B., Arthur, D., & Pels, W. A. (2020). Evaluating the Performance of Unit Root Tests in Single Time Series Processes. Mathematics and Statistics, 8(6), 656-664.
Ajewole, K. P., Adejuwon, S. O., & Jemilohun, V. G. (2020). Test for stationarity on inflation rates in Nigeria using augmented dickey fuller test and Phillips-persons test. IOSR Journal of Mathematics, 16, 11-14.
Akinleye, G. T., & Fajuyagbe, B. S. (2019). Corporate governance and financial performance: an empirical analysis of selected multinational firms in Nigeria. Problems and Perspectives in Management, 17(1), 11.
Alabdullah, T. T. Y. (2019). Management accounting and service companies' performance: Research in emerging economies. Australasian Accounting, Business and Finance Journal, 13(4), 100-118.
Al Farooque, O., Buachoom, W. & Sun, L. (2020). Board, audit committee, ownership and financial performance – emerging trends from Thailand. Pacific Accounting Review, 32(1), 54-81.
Ali, S., Can, M., Shah, M. I., Jiang, J., Ahmed, Z., &Murshed, M. (2022). Exploring the linkage between export diversification and ecological footprint: evidence from advanced time series estimation techniques. Environmental Science and Pollution Research, 29(25), 38395-38409.
Almagtome, A., Khaghaany, M., & Önce, S. (2020). Corporate governance quality, stakeholders’ pressure, and sustainable development: An integrated approach. International Journal of Mathematical, Engineering and Management Sciences, 5(6), 1077.
Almoneef, A., & Samontaray, D. P. (2019). Corporate governance and firm performance in the Saudi banking industry. Banks and Bank Systems, 14(1), 147.
Al-Smadi, M. O. (2019). Corporate governance and risk taking of Jordanian listed corporations: the impact of board of directors. Investment Management & Financial Innovations, 16(1), 79.
Arsyad, M., Haeruddin, S. H., Muslim, M., & Pelu, M. F. A. (2021). The effect of activity ratios, liquidity, and profitability on the dividend payout ratio. Indonesia Accounting Journal, 3(1), 36-44.
Aslam, E., &Haron, R. (2020). Does corporate governance affect the performance of Islamic banks? New insight into Islamic countries. Corporate Governance: The International Journal of Business in Society, 20(6), 1073-1090.
Assaf, A. G., Tsionas, M., & Tasiopoulos, A. (2019). Diagnosing and correcting the effects of multicollinearity: Bayesian implications of ridge regression. Tourism Management, 71, 1-8.
Baskentli, S., Sen, S., Du, S., & Bhattacharya, C. B. (2019). Consumer reactions to corporate social responsibility: The role of CSR domains. Journal of Business Research, 95, 502-513.
Bhaumik, S., Driffield, N., Gaur, A., Mickiewicz, T., &Vaaler, P. (2019). Corporate governance and MNE strategies in emerging economies. Journal of World Business, 54(4), 234-243.
Borghesi, R., Chang, K., & Li, Y. (2019). Firm value in commonly uncertain times: the divergent effects of corporate governance and CSR. Applied Economics, 51(43), 4726-4741.
Brennan, N. M., Subramaniam, N., & Van Staden, C. J. (2019). Corporate governance implications of disruptive technology: An overview. The British Accounting Review, 51(6), 100860.
Brogi, M., & Lagasio, V. (2022). Better safe than sorry. Bank corporate governance, risk-taking, and performance. Finance Research Letters, 44, 102039.
Danso, A., Adomako, S., Amankwah‐Amoah, J., Owusu‐Agyei, S., & Konadu, R. (2019). Environmental sustainability orientation, competitive strategy and financial performance. Business Strategy and the Environment, 28(5), 885-895.
Dewri, L. V. (2022). A critical assessment of interrelationship among corporate governance, financial performance, refined economic value added to measure firm value and return on Stock. Journal of the Knowledge Economy, 13(4), 2718-2759.
Ekinci, R., &Poyraz, G. (2019). The effect of credit risk on financial performance of deposit banks in Turkey. Procedia Computer Science, 158, 979-987.
Franco, S., Caroli, M. G., Cappa, F., & Del Chiappa, G. (2020). Are you good enough? CSR, quality management and corporate financial performance in the hospitality industry. International Journal of Hospitality Management, 88, 102395.
Gomes, P. (2021). Financial and non-financial responses to the Covid-19 pandemic: insights from Portugal and lessons for future. Public Money & Management, 41(8), 660-662.
Hansen, C. B. (2007). Generalized least squares inference in panel and multilevel models with serial correlation and fixed effects. Journal of econometrics, 140(2), 670-694.
Harris, D., Kew, H., & Taylor, A. R. (2020). Level shift estimation in the presence of non-stationary volatility with an application to the unit root testing problem. Journal of Econometrics, 219(2), 354-388.
Hoi, C. K. S., Wu, Q., & Zhang, H. (2019). Does social capital mitigate agency problems? Evidence from Chief Executive Officer (CEO) compensation. Journal of Financial Economics, 133(2), 498-519.
Hutagalung, I. P. (2022). Analisis Regresi Data Panel dengan Pendekatan Common Effect Model (CEM), Fixed Effect Model (FEM) dan Random Effect Model (REM) (StudiKasus: IPM Sumatera Utara Periode 2014–2020. FARABI: Jurnal Matematika dan Pendidikan Matematika, 5(2), 217-226.
Huu Nguyen, A., Thuy Doan, D., & Ha Nguyen, L. (2020). Corporate governance and agency cost: Empirical evidence from Vietnam. Journal of Risk and Financial Management, 13(5), 103.
Karamoy, H., & Tulung, J. E. (2020). The effect of financial performance and corporate governance to stock price in non-bank financial industry. Corporate Ownership & Control, 17(2), 97-103.
Kithandi, C. K. (2022). Monetary Policy and Financial Performance of Commercial Banks in Kenya. The International Journal of Business & Management, 10(6), 40-46.
Kopti, A. (2020). A Review of the Corporate Governance and Practice in Jordanian Banks. International Journal of Economics, Business and Management Research, 4(8), 64-78.
Kyere, M., &Ausloos, M. (2021). Corporate governance and firms financial performance in the United Kingdom. International Journal of Finance & Economics, 26(2), 1871-1885.
Lee, L. F., & Yu, J. (2020). Initial conditions of dynamic panel data models: on within and between equations. The Econometrics Journal, 23(1), 115-136.
Li, K., Musah, M., Kong, Y., Adjei Mensah, I., Antwi, S.K., Bawuah, J., Donkor, M., Coffie, C.P.K. & Andrew Osei, A. (2020). Liquidity and firms’ financial performance nexus: panel evidence from non-financial firms listed on the Ghana Stock Exchange. Sage Open, 10(3), 2158244020950363.
Matuszak, Ł., Różańska, E., & Macuda, M. (2019). The impact of corporate governance characteristics on banks’ corporate social responsibility disclosure: Evidence from Poland. Journal of Accounting in Emerging Economies, 9(1), 75-102.
Musah, A., & Padi, A. (2022). The influence of corporate governance practices on financial performance of small and medium-sized enterprises in Ghana. The Indonesian Journal of Accounting Research, 25(2), 259-280.
Naciti, V., Cesaroni, F., & Pulejo, L. (2022). Corporate governance and sustainability: A review of the existing literature. Journal of Management and Governance, 26(1), 55-74.
Naknok, S. (2022). Firm Performance Indicators as a Fundamental Analysis of Stocks and a Determinant of a Firm’s Operation. International Journal of Economics & Business Administration, 10(1), 190-213.
Nzisaa, M.I., & Mbugua, D. (2019). Effects of External Environmental Factors on the Financial Performance of Commercial Banks Listed in Kenya. International Journal of Recent Research in Social Sciences and Humanities, 6(2), 179-190.
Oke, J., Akinkunmi, W. B., & Etebefia, S. O. (2019). Use of correlation, tolerance and variance inflation factor for multicollinearity test. Global Scientific Journals, 7(5), 652-659.
Omran, M., Khallaf, A., Gleason, K., & Tahat, Y. (2021). Non-financial performance measures disclosure, quality strategy, and organizational financial performance: a mediating model. Total Quality Management & Business Excellence, 32(5-6), 652-675.
Orazalin, N. (2019). Corporate governance and corporate social responsibility (CSR) disclosure in an emerging economy: evidence from commercial banks of Kazakhstan. Corporate Governance: The International Journal of Business in Society, 19(3), 490-507.
Purbawangsa, I. B. A., Solimun, S., Fernandes, A. A. R., &Rahayu, S. M. (2019). Corporate governance, corporate profitability toward corporate social responsibility disclosure and corporate value (comparative study in Indonesia, China and India stock exchange in 2013-2016). Social Responsibility Journal, 16(7), 983-999.
Sakawa, H., & Watanabel, N. (2020). Institutional ownership and firm performance under stakeholder-oriented corporate governance. Sustainability, 12(3), 1021.
Salles, R., Belloze, K., Porto, F., Gonzalez, P. H., & Ogasawara, E. (2019). Nonstationary time series transformation methods: An experimental review. Knowledge-Based Systems, 164, 274-291.
Senaviratna, N., & Cooray, T. (2019). Diagnosing Multicollinearity of Logistic Regression Model. Asian Journal of Probability and Statistics, 5(2), 1-9.
Song, Y., & Zhao, X. (2021). Normality Testing of High-Dimensional Data Based on Principle Component and Jarque–Bera Statistics. Stats, 4(1), 216-227.
Tien, N. H., Anh, D. B. H., & Ngoc, N. M. (2020). Corporate financial performance due to sustainable development in Vietnam. Corporate Social Responsibility and Environmental Management, 27(2), 694-705.
Vogelsang, T. J., & Wagner, M. (2013). A fixed-b perspective on the Phillips–Perron Unit Root Tests. Econometric Theory, 29(3), 609-628.
Afriyie, J. K., Twumasi-Ankrah, S., Gyamfi, K. B., Arthur, D., & Pels, W. A. (2020). Evaluating the Performance of Unit Root Tests in Single Time Series Processes. Mathematics and Statistics, 8(6), 656-664.
Ajewole, K. P., Adejuwon, S. O., & Jemilohun, V. G. (2020). Test for stationarity on inflation rates in Nigeria using augmented dickey fuller test and Phillips-persons test. IOSR Journal of Mathematics, 16, 11-14.
Akinleye, G. T., & Fajuyagbe, B. S. (2019). Corporate governance and financial performance: an empirical analysis of selected multinational firms in Nigeria. Problems and Perspectives in Management, 17(1), 11.
Alabdullah, T. T. Y. (2019). Management accounting and service companies' performance: Research in emerging economies. Australasian Accounting, Business and Finance Journal, 13(4), 100-118.
Al Farooque, O., Buachoom, W. & Sun, L. (2020). Board, audit committee, ownership and financial performance – emerging trends from Thailand. Pacific Accounting Review, 32(1), 54-81.
Ali, S., Can, M., Shah, M. I., Jiang, J., Ahmed, Z., &Murshed, M. (2022). Exploring the linkage between export diversification and ecological footprint: evidence from advanced time series estimation techniques. Environmental Science and Pollution Research, 29(25), 38395-38409.
Almagtome, A., Khaghaany, M., & Önce, S. (2020). Corporate governance quality, stakeholders’ pressure, and sustainable development: An integrated approach. International Journal of Mathematical, Engineering and Management Sciences, 5(6), 1077.
Almoneef, A., & Samontaray, D. P. (2019). Corporate governance and firm performance in the Saudi banking industry. Banks and Bank Systems, 14(1), 147.
Al-Smadi, M. O. (2019). Corporate governance and risk taking of Jordanian listed corporations: the impact of board of directors. Investment Management & Financial Innovations, 16(1), 79.
Arsyad, M., Haeruddin, S. H., Muslim, M., & Pelu, M. F. A. (2021). The effect of activity ratios, liquidity, and profitability on the dividend payout ratio. Indonesia Accounting Journal, 3(1), 36-44.
Aslam, E., &Haron, R. (2020). Does corporate governance affect the performance of Islamic banks? New insight into Islamic countries. Corporate Governance: The International Journal of Business in Society, 20(6), 1073-1090.
Assaf, A. G., Tsionas, M., & Tasiopoulos, A. (2019). Diagnosing and correcting the effects of multicollinearity: Bayesian implications of ridge regression. Tourism Management, 71, 1-8.
Baskentli, S., Sen, S., Du, S., & Bhattacharya, C. B. (2019). Consumer reactions to corporate social responsibility: The role of CSR domains. Journal of Business Research, 95, 502-513.
Bhaumik, S., Driffield, N., Gaur, A., Mickiewicz, T., &Vaaler, P. (2019). Corporate governance and MNE strategies in emerging economies. Journal of World Business, 54(4), 234-243.
Borghesi, R., Chang, K., & Li, Y. (2019). Firm value in commonly uncertain times: the divergent effects of corporate governance and CSR. Applied Economics, 51(43), 4726-4741.
Brennan, N. M., Subramaniam, N., & Van Staden, C. J. (2019). Corporate governance implications of disruptive technology: An overview. The British Accounting Review, 51(6), 100860.
Brogi, M., & Lagasio, V. (2022). Better safe than sorry. Bank corporate governance, risk-taking, and performance. Finance Research Letters, 44, 102039.
Danso, A., Adomako, S., Amankwah‐Amoah, J., Owusu‐Agyei, S., & Konadu, R. (2019). Environmental sustainability orientation, competitive strategy and financial performance. Business Strategy and the Environment, 28(5), 885-895.
Dewri, L. V. (2022). A critical assessment of interrelationship among corporate governance, financial performance, refined economic value added to measure firm value and return on Stock. Journal of the Knowledge Economy, 13(4), 2718-2759.
Ekinci, R., &Poyraz, G. (2019). The effect of credit risk on financial performance of deposit banks in Turkey. Procedia Computer Science, 158, 979-987.
Franco, S., Caroli, M. G., Cappa, F., & Del Chiappa, G. (2020). Are you good enough? CSR, quality management and corporate financial performance in the hospitality industry. International Journal of Hospitality Management, 88, 102395.
Gomes, P. (2021). Financial and non-financial responses to the Covid-19 pandemic: insights from Portugal and lessons for future. Public Money & Management, 41(8), 660-662.
Hansen, C. B. (2007). Generalized least squares inference in panel and multilevel models with serial correlation and fixed effects. Journal of econometrics, 140(2), 670-694.
Harris, D., Kew, H., & Taylor, A. R. (2020). Level shift estimation in the presence of non-stationary volatility with an application to the unit root testing problem. Journal of Econometrics, 219(2), 354-388.
Hoi, C. K. S., Wu, Q., & Zhang, H. (2019). Does social capital mitigate agency problems? Evidence from Chief Executive Officer (CEO) compensation. Journal of Financial Economics, 133(2), 498-519.
Hutagalung, I. P. (2022). Analisis Regresi Data Panel dengan Pendekatan Common Effect Model (CEM), Fixed Effect Model (FEM) dan Random Effect Model (REM) (StudiKasus: IPM Sumatera Utara Periode 2014–2020. FARABI: Jurnal Matematika dan Pendidikan Matematika, 5(2), 217-226.
Huu Nguyen, A., Thuy Doan, D., & Ha Nguyen, L. (2020). Corporate governance and agency cost: Empirical evidence from Vietnam. Journal of Risk and Financial Management, 13(5), 103.
Karamoy, H., & Tulung, J. E. (2020). The effect of financial performance and corporate governance to stock price in non-bank financial industry. Corporate Ownership & Control, 17(2), 97-103.
Kithandi, C. K. (2022). Monetary Policy and Financial Performance of Commercial Banks in Kenya. The International Journal of Business & Management, 10(6), 40-46.
Kopti, A. (2020). A Review of the Corporate Governance and Practice in Jordanian Banks. International Journal of Economics, Business and Management Research, 4(8), 64-78.
Kyere, M., &Ausloos, M. (2021). Corporate governance and firms financial performance in the United Kingdom. International Journal of Finance & Economics, 26(2), 1871-1885.
Lee, L. F., & Yu, J. (2020). Initial conditions of dynamic panel data models: on within and between equations. The Econometrics Journal, 23(1), 115-136.
Li, K., Musah, M., Kong, Y., Adjei Mensah, I., Antwi, S.K., Bawuah, J., Donkor, M., Coffie, C.P.K. & Andrew Osei, A. (2020). Liquidity and firms’ financial performance nexus: panel evidence from non-financial firms listed on the Ghana Stock Exchange. Sage Open, 10(3), 2158244020950363.
Matuszak, Ł., Różańska, E., & Macuda, M. (2019). The impact of corporate governance characteristics on banks’ corporate social responsibility disclosure: Evidence from Poland. Journal of Accounting in Emerging Economies, 9(1), 75-102.
Musah, A., & Padi, A. (2022). The influence of corporate governance practices on financial performance of small and medium-sized enterprises in Ghana. The Indonesian Journal of Accounting Research, 25(2), 259-280.
Naciti, V., Cesaroni, F., & Pulejo, L. (2022). Corporate governance and sustainability: A review of the existing literature. Journal of Management and Governance, 26(1), 55-74.
Naknok, S. (2022). Firm Performance Indicators as a Fundamental Analysis of Stocks and a Determinant of a Firm’s Operation. International Journal of Economics & Business Administration, 10(1), 190-213.
Nzisaa, M.I., & Mbugua, D. (2019). Effects of External Environmental Factors on the Financial Performance of Commercial Banks Listed in Kenya. International Journal of Recent Research in Social Sciences and Humanities, 6(2), 179-190.
Oke, J., Akinkunmi, W. B., & Etebefia, S. O. (2019). Use of correlation, tolerance and variance inflation factor for multicollinearity test. Global Scientific Journals, 7(5), 652-659.
Omran, M., Khallaf, A., Gleason, K., & Tahat, Y. (2021). Non-financial performance measures disclosure, quality strategy, and organizational financial performance: a mediating model. Total Quality Management & Business Excellence, 32(5-6), 652-675.
Orazalin, N. (2019). Corporate governance and corporate social responsibility (CSR) disclosure in an emerging economy: evidence from commercial banks of Kazakhstan. Corporate Governance: The International Journal of Business in Society, 19(3), 490-507.
Purbawangsa, I. B. A., Solimun, S., Fernandes, A. A. R., &Rahayu, S. M. (2019). Corporate governance, corporate profitability toward corporate social responsibility disclosure and corporate value (comparative study in Indonesia, China and India stock exchange in 2013-2016). Social Responsibility Journal, 16(7), 983-999.
Sakawa, H., & Watanabel, N. (2020). Institutional ownership and firm performance under stakeholder-oriented corporate governance. Sustainability, 12(3), 1021.
Salles, R., Belloze, K., Porto, F., Gonzalez, P. H., & Ogasawara, E. (2019). Nonstationary time series transformation methods: An experimental review. Knowledge-Based Systems, 164, 274-291.
Senaviratna, N., & Cooray, T. (2019). Diagnosing Multicollinearity of Logistic Regression Model. Asian Journal of Probability and Statistics, 5(2), 1-9.
Song, Y., & Zhao, X. (2021). Normality Testing of High-Dimensional Data Based on Principle Component and Jarque–Bera Statistics. Stats, 4(1), 216-227.
Tien, N. H., Anh, D. B. H., & Ngoc, N. M. (2020). Corporate financial performance due to sustainable development in Vietnam. Corporate Social Responsibility and Environmental Management, 27(2), 694-705.
Vogelsang, T. J., & Wagner, M. (2013). A fixed-b perspective on the Phillips–Perron Unit Root Tests. Econometric Theory, 29(3), 609-628.