BOARD CHARACTERISTICS AND FIRM VALUE, EVIDENCE FROM LISTED CONGLOMERATE FIRMS IN NIGERIA

In this comprehensive study, we delve into the fascinating relationship between board characteristics and firm value. By examining the key attributes such as board size, independence and gender diversity, we aim to shed light on their influence on the board performance and their effects on firm value Through the ordinary least square (OLS) multiple regression analysis as the method of data analysis, we explore how these board characteristics shape the overall value and success of the organization. by examining a comprehensive dataset with a study period from 2011 to 2022. the study provides robust evidence supporting the effect of board characteristics of firm value. our finding reveal compelling insight into the importance of board composition. we observe that larger boards with a diverse range of skills and expertise tend to positively impact firm value. additionally, boards with a higher proportion of independent directors exhibits a stronger association with financial performance. moreover, we investigate the role of gender and ethnic diversity on boards, uncovering their potential positive effects on firm value. the researcher therefore concluded that this study highlights the crucial role of board characteristics in shaping firm value with great effects. our finding underscore the importance of thoughtful board composition emphasizing the need for gender diversity, independence and size. By understanding and leveraging, these factors organization can strive for enhanced financial performance and board success