Abstract:
The aim of this paper is to measure the relationship between board structure and the
corporate performance of listed Banking and Finance companies listed in Colombo
Stock Exchange. This study incorporated 24 firms as sample over the period 2011-
2017. To measure corporate performance Earning per share is the key variable. On
the other hand board structure is measured through frequency of board meetings,
board size, board independence, CEO duality and percentage of Female member
of board respectively. With the help of simple least square regression this study
found significant and positive relationship between board meeting and EPS and
board size has a significant negative impact on EPS. It can be said that the results
are mostly consistent with previous studies and suggests that board characteristics
is keen to be highlighted to improve the corporate performance and to survive in
the competitive market.
