Board Structure and Bank Performance: The Mediating Role of Intellectual Capital

Abstract Intellectual capital in the knowledge era is a strategic advantage of board structure, which leads to improvement company’s work and achievement its goals. The aim this study develop structural model that connects corporate governance, intellectual financial performance banking sector. Corporate governance conceptualised by directors as main internal mechanism measured size directors, number independent members female members. represents mediator efficiency calculated through Value Added Coefficient (VAIC) model, while banks return on assets (ROA) equity (ROE). results conducted 22 Serbian between 2015 2019 show have statistically significant impact intelectual (IC), but there no total (ROA). women does not effect either ROA or ROE. findings also indicate (HCE, SCE, CEE) has mediating role relationship structure bank performance. will provide contribution further investment strongest link achieving positive effects