The Relationship Between Board Diversity, Ownership Structure and Bank Performance In Tunisian Market

Abstract

This research focuses on the impact of internal governance mechanisms on the performance of listed Tunisian banks during the period 2005-2016. We try to detect the impact of banking governance, not only through the ownership structure but also through the board of director’s characteristics, on the banking performance. Our results confirm the importance of board control within the bank, but they also state that there are other mechanisms such as the ownership structure that must also be taken into account. Research shows that the ownership concentration, board size, independent and institutional administrators affect bank performance. Likewise, Duality is positively associated with the bank profitability.