Table 1 Measurements of independent variables
From: Influence of board mechanisms on sustainability performance for listed firms in Sub-Saharan Africa
Name of Variable | Mnemonics | Measurement |
|---|---|---|
Board Size | BSZ | Number of Board Members of the firm |
Board Independence | BID | Number of Independent Directors of the firm |
Board Gender Heterogeneity | BGH | A binary that equals one if a female member is present on the board |
Board Educational Background | BEGS | Directors’ Educational Background scoring |
Tenure | TEN | Number of years since being appointed director |
Foreign Director(s) | FRD | A binary that equals one if there is a non-native citizen as a director |
Board Leadership (CEO) Duality | BLDU | A binary that equals one if the CEO is also the chairman of the board |
Board committees | BCMT | Number of board sub-committees |
Frequency of Board | FBM | Number of Board meetings per year |
CEO Power | CEOP | Maximum number of years CEO could sit on the Board |