| dc.contributor.author | Molonko, L K | |
| dc.date.accessioned | 2013-05-12T11:22:46Z | |
| dc.date.available | 2013-05-12T11:22:46Z | |
| dc.date.issued | 2004-12 | |
| dc.identifier.citation | Masters Of Business Administration (MBA) Degree, University of Nairobi | en |
| dc.identifier.uri | http://erepository.uonbi.ac.ke:8080/xmlui/handle/123456789/22468 | |
| dc.description | A Management Research project submitted in partial fulfillment of the requirements for the Degree of
Master of Business Administration (MBA) Faculty of commerce, university of Nairobi | en |
| dc.description.abstract | This study examined the relationship between Board characteristics and Board
compensation in determining firm profitability in the Banking industry in Kenya. Prior
research elsewhere suggests that Board structure and Board compensation are some of the
main measures aligning the interest of shareholders and management to ensure sustained
value creation to equity holders.
Using a sample of 30 Banks for the period 1999-2003, this study sought to explore this
argument. Board size (SIZE), proportion of Non-Executive Directors (PROP NED), CEO
Duality (DUAL) and Board Total Compensation (TC) where used to proxy corporate
Governance while. ROA, ROE and Profit before tax (PROFiT) were used to proxy bank
profitability.
Board compensation and firm size were found to be positively and significantly related to
Bank profitability. The relationship between Board size and proportion of Non-Executive
Directors were found to be negative and statistically insignificant. The negative
relationship indicated that Board structure had not contributed to the reduction of agency
costs in the Banking industry in Kenya. | en |
| dc.language.iso | en | en |
| dc.publisher | University of Nairobi | en |
| dc.title | Board structure, board compensation and firm profitability: Evidence from the banking industry | en |
| dc.type | Thesis | en |
| local.publisher | School of Business | en |
