Serial

Description

Results

Final results

H₁₁

There is a significant relationship between CEO Duality and ROA

Not Supported

Coefficient = −0.010780

p-value = 0.6514

partially supported

H₁₂

There is a significant relationship between CEO Duality and ROE

Supported

Coefficient = −0.160810

p-value = 0.0128

H₁₃

There is a significant relationship between CEO Duality and Q Ratio

Supported

Coefficient = −1.925918

p-value = 0.0182

H₂₁

There is a significant relationship between Board Size and ROA

Not Supported

Coefficient = −0.000651

p-value = 0.8709

partially supported

H₂₂

There is a significant relationship between Board size and ROE

Not Supported

Coefficient = −0.001010

p-value = 0.9275

H₂₃

There is a significant relationship between Board size and Q Ratio

Supported

Coefficient = −0.409031

p-value = 0.0024

H₃₁

There is a significant relationship between Board meetings and ROA

Not Supported

Coefficient = −0.000245

p-value = 0.8908

partially supported

H₃₂

There is a significant relationship between Board meetings and ROE

Not Supported

Coefficient = −0.001441

p-value = 0.7680

H₃₃

There is a significant relationship between Board meetings and Q Ratio

Supported

Coefficient = 0.126278

p-value = 0.0419

H₄₁

There is a significant relationship between Independence Board and ROA

Not Supported

Coefficient = −0.054702

p-value = 0.1740

Not supported

H4 is rejected

H₄₂

There is a significant relationship between Independence Board on ROE

Not Supported

Coefficient = −0.008531

p-value = 0.9380

H₄₃

There is a significant relationship between Independence Board and Q Ratio

Not Supported

Coefficient = 0.060982

p-value = 0.9674

H₅₁

There is a significant relationship between Gender diversity and ROA

Not Supported

Coefficient = −0.002659

p-value = 0.9808

Not supported

H5 is rejected

H₅₂

There is a significant relationship between Gender diversity and ROE

Not Supported

Coefficient = 0.290599

p-value = 0.3448

H₅₃

There is a significant relationship between Gender diversity and Q Ratio

Not Supported

Coefficient = −1.247979

p-value = 0.7633