| Board of Director’s Characteristics and Firm Value Hypotheses | |
| HI | There is a significant negative relationship between CEO duality and firm value. |
| H1a | There is a significant negative relationship between CEO duality and the Egyptian listed firms’ value. |
| H1b | There is a significant negative relationship between CEO duality and the American listed firms’ value. |
| H2 | There is a significant positive relationship between board independence and firm value. |
| H2a | There is a significant positive relationship between board independence and the Egyptian listed firms’ value. |
| H2b | There is a significant positive relationship between board independence and the American listed firms’ value. |
| H3 | There is a significant negative relationship between board size and firms value. |
| H3a | There is a significant negative relationship between board size and the Egyptian listed firms’ value. |
| H3b | There is a significant negative relationship between board size and the American listed firms’ value. |
| H4 | There is a significant positive relationship between Board meetings and firm value. |
| H4a | There is a significant positive relationship between Board meetings and the Egyptian listed firms’ value. |
| H4b | There is a significant positive relationship between Board meetings and the American listed firms’ value. |
| H5 | There is a significant positive relationship between gender diversity and firm value. |
| H5a | There is a significant positive relationship between gender diversity and the Egyptian listed firms’ value. |
| H5b | There is a significant positive relationship between gender diversity and the American listed firms’ value. |