Boards of directors, Return on Assets, Return on Equity, and Earnings Per Share, Firm Performance

This research explores the connection between the diversity of boards of directors and the performance of firms within the realm of publicly traded companies in Egypt. As the practices of corporate governance continue to evolve, particularly in developing markets, the composition and diversity of boards have gained significance in influencing organizational results. A varied board composition, encompassing factors such as gender, culture, and educational background, can affect decision-making processes, strategic supervision, and ultimately, the performance of the firm. In this study, firm performance is assessed through three commonly recognized financial metrics: Return on Assets (ROA), Return on Equity (ROE), and Earnings Per Share (EPS). The objective of this research is to empirically investigate the hypothesis that board composition diversity significantly impacts firm performance. By shedding light on how governance frameworks influence financial results, this study adds to the broader discourse on corporate responsibility and sustainable value creation, as well as providing practical implications for policymakers, regulators, and corporate stakeholders in comparable economic contexts.

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