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