Masters of Science
URI for this collectionhttps://rps.wku.edu.et/handle/987654321/9
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Item THE EFFECT OF BOARD DIRECTORS COMPOSITIONS PRACTICES ON FINNANCIAL INNOVATION ON ETHIOPIAN COMMERCIAL BANKS(WOLKITE UNIVERSITY, 2021-11) MUSLIHA MUSTEFA UMEROne of the many challenges the business world is facing currently is installing sound and proper board directors composition in an organization. This might lead to economic failure if not managed and addressed properly and timely. This study aims at evaluating the effect of board director’s compositions practices on financial innovation on Ethiopian commercial banks using five years data from the year 2016 to 2020. The study assessed the effect of corporate governance variables on financial innovation of Ethiopian commercial banks as measured by natural logarithm of e- banking products and services. To achieve the objectives of the study the researcher used descriptive research design. The Corporate governance variables used in this study were females representing in the board, educational qualification of board of directors, board size, audit committee size and board meeting frequency. In the study firm size and bank age were used as control variables. Mixed research approach was employed to understand the effect of corporate governance on financial innovation on Ethiopian commercial banks. The study uses both primary and secondary source of data. Primary data was collected through interview of board secretaries of Ethiopian commercial banks used in this study. The study used panel data and pooled regression model to analyze the relationship between corporate governance mechanisms and financial innovation using a data set of 15 Ethiopian commercial banks. The findings showed that, females representing in the board and educational qualification of board directors have positive and significant effect on financial innovation of the banks. On the other hand, audit committee size and board directors meeting had negative and significant effect on financial innovation of the banks. Based on the findings of the study, it can be concluded that female’s directors in the board, educational qualification of board of directors, audit committee size and board directors meeting frequency influence financial innovation of Ethiopian commercial banks. Thus, the study recommends commercial banks should improve their board director’s educational qualification by providing the chance to upgrade their academic status and increases the size of female’s board directors to enhance financial innovation in the banks.Item THE EFFECT OF BOARD DIRECTORS COMPOSITIONS PRACTICES ON FINNANCIAL INNOVATION ON ETHIOPIAN COMMERCIAL BANKS(WOLKITE UNIVERSITY, 2021-11) MUSLIHA MUSTEFA UMEROne of the many challenges the business world is facing currently is installing sound and proper board directors composition in an organization. This might lead to economic failure if not managed and addressed properly and timely. This study aims at evaluating the effect of board director’s compositions practices on financial innovation on Ethiopian commercial banks using five years data from the year 2016 to 2020. The study assessed the effect of corporate governance variables on financial innovation of Ethiopian commercial banks as measured by natural logarithm of e- banking products and services. To achieve the objectives of the study the researcher used descriptive research design. The Corporate governance variables used in this study were females representing in the board, educational qualification of board of directors, board size, audit committee size and board meeting frequency. In the study firm size and bank age were used as control variables. Mixed research approach was employed to understand the effect of corporate governance on financial innovation on Ethiopian commercial banks. The study uses both primary and secondary source of data. Primary data was collected through interview of board secretaries of Ethiopian commercial banks used in this study. The study used panel data and pooled regression model to analyze the relationship between corporate governance mechanisms and financial innovation using a data set of 15 Ethiopian commercial banks. The findings showed that, females representing in the board and educational qualification of board directors have positive and significant effect on financial innovation of the banks. On the other hand, audit committee size and board directors meeting had negative and significant effect on financial innovation of the banks. Based on the findings of the study, it can be concluded that female’s directors in the board, educational qualification of board of directors, audit committee size and board directors meeting frequency influence financial innovation of Ethiopian commercial banks. Thus, the study recommends commercial banks should improve their board director’s educational qualification by providing the chance to upgrade their academic status and increases the size of female’s board directors to enhance financial innovation in the banks.