The Impact of Corporate Governance on the Performance of Libyan Commercial Banks by Using Bank Size and Leverage as Moderating Variables:

An Applied Study on Private Libyan Commercial Banks

Abstract

The study sought to identify the impact of corporate governance on the performance of Libyan commercial banks in the presence of bank size and financial leverage as two variables moderating this relationship. To achieve this, the descriptive analytical approach was used, and the necessary data for the study were collected using the financial reports published on the websites of three private commercial banks, namely (Al-Yaqeen Bank, Al-Saray Bank and United Bank). The statistical program (SPSS) was used to analyze this data.
Through the analysis, the study reached a number of results, the most important of which is that there is no effect of corporate governance on the performance of Libyan commercial banks in the presence of both bank size and financial leverage as variables that modify the relationship between them. Also, most Libyan commercial banks do not have comprehensive governance reports on their websites, which makes it difficult to obtain them, and they are satisfied with displaying only their financial statements on their websites for irregular periods, which makes it difficult to benefit from them to conduct research and studies on them. The study also recommended the following: The necessity of taking the necessary measures that would oblige all commercial banks operating in Libya to comply with what is stated in the governance guide issued by the Central Bank of Libya, the necessity of developing mechanisms that enable Libyan commercial banks to measure governance and display it in their lists that they publish on their websites, and urging the regulatory and supervisory authorities to follow up on Libyan commercial banks and ensure that they follow what is stated in the governance guide issued by the Central Bank of Libya to ensure the achievement of the desired objectives