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The aim of this study is to explore the link of board characteristics as a feature of corporate governance perspective and firm financial performance. The outputs of the analyses supported that firms responding with good corporate governance mechanisms, being as a very ancient system (Alabdullah, Yahya, Lamoreaux, Litov, Alabdullah, 2016, 2017; Alabdullah, Yahya, & Ramayah, 2014b). This means that good corporate governance mechanisms alleviate the effect of agency costs
Alabdullah et al. (Tue,) studied this question.