Boards of directors and firm performance: A study of non-financial listed firms on the Kuwait Stock Exchange

Prior to 2017, there were no corporate governance rules in Kuwait. The previous silent regarding boards of directors, shareholders’ rights, disclosure, and auditing. However, at the beginning Kuwaiti government introduced new required all firms listed on Kuwait Stock Exchange (KSE) comply with these rules. This study examined impact directors firm performance following implementation using a sample 89 non-financial from 2017 2019. used four board variables – namely, size, independence, family diversity found that, based Tobin’s results, significantly whereas ROA results indicate that only