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