This presentation was done in June 2014 by one of our participants in ICST and ICBELSH conferences.

1. Mohammed Hassan Makhlouf(1) ,
Nur Hidayah Binti Laili(2) , Mohamad Yazis Ali Basah(3)
(1) Ph.D candidate. (2), (3) Assistant Professor.
Faculty of Economics and Muamalat
Universiti Sains Islam Malaysia (USIM)
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2. This study aimed to investigate in the relationship
between the characteristics of board of directors' as a
component of Jordanian Corporate Governance Code
(JCGC) and its effect on firms performance.
Examine the role of board of directors in enhancing and
improving the firms performance.
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3.  Good corporate governance helps the firms to
Protect the shareholders interests.
Manage resources.
Attract new investors and capital funds.
Achieve better performance.
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4. Board of
director's
independence
Board of
director's size
Family members
at Board of
director's
Board of directors
meetings
Nominations &
Compensation
Committee
Firm
Performance
CEO Duality
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5.  Importance of independence.
Independent members in JCGC.
Independent members and firm performance at previous
literature.
H1: There is a positive relationship between independence
of board of directors members and firms' performance.
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6. Board of directors' size in JCGC.
Optimal Size (Large or Small)
Board of directors' size and firm performance at previous
literature.
H2: There is a positive relationship between board of
directors' size and firms' performance.
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7.  Existence of family members at the board of directors and
firm performance at previous literature.
H3: There is a positive relationship between existence of
family members at the board of directors and firms'
performance
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8. Board of directors meetings in JCGC.
Board of directors meetings and firm performance at
previous literature.
H4: There is a positive relationship between frequency board
meetings and firms' performance.
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9. CEO duality in JCGC.
 CEO duality and firm performance at previous literature.
(Healthy or not)
H5: There is a positive relationship between CEOs dual and
firms' performance.
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10. Nominations and Compensation Committee in JCGC.
Existence of Nominations and Compensation Committee
and firm performance at previous literature.
H6: There is a positive relationship between Existence of
Nominations and Compensation Committee and firms'
performance.
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11. According to previous studies, when the firms' commitment with the
characteristics' of board of directors is consider a significant factor to support
and improve the firms' performance. There are some factors supporting this;
 Electing the members according to their experience and qualifications.
 Should be a clear separation among the positions of CEOs and chairman.
 Set of committees should be existence to monitor the firm's business such as
audit committee and nominations and compensations committee.
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12. CORPORATE GOVERNANCE IN JORDAN?
JCGC issued in 2008.
 Came into effect on 1st of January
2009.
Its prepared in view of:
Development of the national
economy in Jordan at all levels.
 To develop the national
capital market and its
regulatory and organizational
framework.
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