Abstract

Journal of Business & Technology (JBT) is an open-access journal published by the Department of the Commerce and Financial Management of the University of Kelaniya, Sri Lanka. The journal follows a double-blind peer-review process and is published bi-annually (January, July). JBT aims to publish scholarly research, critical reviews, case studies, practitioner reviews and technology reviews in the fields of business and technology.

Highlights

  • Every organization is trying to accomplish its goals and objectives within a more challenging environment

  • This study aims to fill the demographical and geographical gaps and identify whether there is a significant impact of board structure characteristics on firm performance and its impact on firm Earning Per Share (EPS) and Return on Assets (ROA)

  • Corporate governance standards were prescribed that board size should be 5 to 13, but it is 4 to 16

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Summary

Introduction

Every organization is trying to accomplish its goals and objectives within a more challenging environment. If an organization needs to be successful by facing environmental challenges, that organization should be appropriately managed and monitored In this case, modern large firms have been affected mostly. Modern large firms have been affected mostly Such a company requires a remarkable direction towards attaining its organizational objectives and goals. As they mainly seek to maximize profit and shareholders' wealth, they need a proper direction and a large capital. For this purpose, companies get things square to register in the share market as a listed company and thereby issue shares to the public to increase the capital. The Board of Directors (BOD) of such a company are critical factors for the progress and survival of the company

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