Navigating board dynamics: Configuration analysis of corporate governance's factors and their impact on bank performance.

This research utilizes the fsQCA technique to investigate how a combination of corporate governance conditions or factors collectively influences the performance of banks. Examining key elements such as board size, busy directors, independent directors, CEO duality, and women on the board, the research employs data collected from the annual reports of 30 banks spanning from 2010 to 2020. The necessary condition analysis (NCA) underscores that no individual condition or factor is indispensable for the ultimate outcome. Nevertheless, the sufficiency analysis reveals distinct solutions, each representing a unique set of conditions or factors sufficient to generate the outcome. The study concludes that the relationship between corporate governance characteristics and bank performance is complex and multifaceted, with neither ROA nor ROE reliant on a singular input condition or factor. The theoretical contributions of the findings align with or partially support various theories and propositions within the realm of corporate governance. Notably, the application of fsQCA contributes to enhance the methodological understanding of corporate governance studies in existing literature.

Beyond regression: Unpacking research of human complex systems with qualitative comparative analysis.

This study underscores the effectiveness of Qualitative Comparative Analysis (QCA) when compared to conventional regression analysis (CRA) in the investigation of complex human systems. Utilizing historical secondary cross-national data from Lipset & Man (1960) spanning 18 countries, where CRA may be impractical, the research emphasizes the superior performance of QCA, specifically utilizing both crisp set QCA and fuzzy set QCA. The dataset includes variables such as democracy survival and its precursors, such as gross national product per capita, urbanization, literacy rate, and industrial labor force. In contrast to conventional regression results indicating an insignificant relationship between democracy survival and its antecedents, crisp set QCA identifies two distinct combinations of antecedents associated with high levels of democracy survival, albeit with limited solution coverage. Meanwhile, fuzzy set qualitative comparative analysis (fsQCA) reveals five combinations of antecedents linked to robust democracy survival, providing adequate solution coverage and consistency. These findings suggest that fsQCA excels in capturing the intricacies of real-life scenarios in human complex systems, offering more robust empirical solutions compared to crisp set QCA and conventional regression. As a result, researchers may find value in integrating fsQCA into their new projects focused on human complex systems.