The Relationship Between Financial Performance and Existence of Members with Accounting or Audit Background in The Board of Directors: Evidence from Turkish Banking Sector

Year 2022, Volume: 4 Issue: 3, 270 - 292, 31.12.2022

Gürol Baloğlu , Kaan Ramazan Çakalı

https://doi.org/10.38009/ekimad.1180859

Abstract

The relationship between the financial performance and the composition and structure of board of directors (BoD) of enterprises is among the research topics in the literature. In this study, the relationship between the financial performance and existence of members with accounting or audit background in the BoD of banks, which has not been studied in previous academic literature is analyzed. Dependent variables are chosen as ROA and ROE and the ratio of members with accounting or audit background in the BoDs of banks is chosen as the independent variable. Two distinct periods are used to test the existence of the relationship, 2017-2021 and 2016-2020 periods. In the analysis, Kruskal-Wallis H test and Mann-Whitney U test are applied. As a result, a significant difference in bank performances depending on the presence of members with accounting or audit background in BoD is identified in both ROE and ROA with different extends.

Keywords

Accounting, Audit, Board of Directors, Bank Financial Performance

Finansal Performans ve Yönetim Kurullarında Muhasebe veya Denetim Geçmişi Olan Üyelerin Bulunması Arasındaki İlişki: Türk Bankacılık Sektörü Örneği

Abstract

İşletmelerin finansal performansı ve yönetim kurullarının yapısı arasındaki ilişki literatürdeki araştırma konuları arasında yer almaktadır. Bu çalışmada, daha önceki akademik çalışmalarda araştırılmayan, bankaların yönetim kurullarındaki muhasebe veya denetim geçmişi olan üyelerin dahil edilmesi ile bankaların finansal performansları arasındaki ilişki araştırılmıştır. Çalışmanın bağımlı değişkeni olarak özkaynak kârlılığı ve aktif kârlılığı, bağımsız değişken olarak ise bankaların yönetim kurullarında yer alan muhasebe veya denetim geçmişine sahip üyelerin oranı seçilmiştir. İlişkinin mevcudiyetini test etmek için iki farklı dönem, 2016-2020 ve 2017-2021 kullanılmıştır. Analizlerde, Kruskal-Wallis H testi ve Mann-Whitney U testi uygulanmıştır. Sonuç olarak, yönetim kurullarında muhasebe veya denetim geçmişi olan üyelerin bulunmasına bağlı olarak, ROE ve ROA’de farklı seviyelerde, banka performansları açısından anlamlı bir farklılık bulunduğu belirlenmiştir.

Keywords

muhasebe, denetim, yönetim kurulu

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