ISSN: 2225-8329
Open access
This study seeks to further light on the financial performance of Jordanian industrial companies, especially from 2015 to 2019. The study aims to examine the impact of the independence of the board of directors and the leadership structure represented by the (CEO duality) on corporate financial performance. The study reported that there is a positive and significant relationship between the independence of the board of directors and the financial performance of companies, and a significant negative relationship between the duality of the CEO and financial performance. This study contributes to previous literature by beginning to address knowledge gaps about the role of the company's board and leadership structure on the performance of companies in emerging markets, especially in light of mixed and inconclusive results. These results indicate that the separation of the position of CEO and president is necessary to improve the financial performance of companies and this view was considered as the main recommendation of this study.
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To cite this article: Al-Sraheen, D. A. O (2020). Independent Directors, Board Leadership Structure and Corporate Financial Performance: Evidence from Jordan, International Journal of Academic Research in Accounting, Finance and Management Sciences 10 (3): 130-134.
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