Propositions | Results |
H1: Board size significantly impacts KSE-30 index’s financial performance significantly | Partially significant negatively (with ROE) |
H2: Board Independence significantly impacts KSE-30 index’s financial performance significantly | Partially significant positively (with ROA) |
H3: NED significantly impacts KSE-30 index’s financial performance significantly | Significant (positive) |
H4: Gender diversity significantly impacts KSE-30 index’s financial performance significantly | Significant (negative) |
H5: Financial leverage significantly controls the nexus of board composition and KSE-30 index’s financial performance | Partially significant positively (with ROE) |
H6: Firm Size significantly controls the nexus of board composition and KSE-30 index’s financial performance | Insignificant |
H7: Age of company significantly controls the nexus of board composition and KSE-30 index’s financial performance | Insignificant |