Impact of board size on financial performance of commercial banks in Ethiopia

ABSTRACT: The main purpose of this study is to determine the impact of board size on financial performanceof commercial banks in Ethiopia for the period of 2009 to 2018. 12 commercial banks are included in this studyamong 17 banks in Ethiopia based on their financial report of 10 years. Five banks have not been included in thesample selection due to one bank is development bank and the other four banks are newly established. The datahave been collected from National Bank of Ethiopia in relation to bank performance and from selected banks asregards corporate structure. To analyze data STATA 12 and SPSS 21 software are used. Software Both multipleregression and correlation used to determine the relationship between the number of board members andfinancial performance. The researcher concludes that there is negative and insignificant relationship betweendependent and independent variables analyzed in the research of commercial banks in Ethiopia.

Keywords: Bank, financial performance & Corporate Governance