ADELANTE
Institutional Repository

This study investigated the link between multiple directorships and Philippine-listed banks' financial performance, focusing on the moderating effect of directors' education. While prior research suggests that having multiple directorships can positively influence a company's performance, excessive use may harm a director's effectiveness due to divided attention and limited time. The study proposed that directors' education may moderate this relationship. The researchers used a purposive sampling of the 17 publicly-listed banks, and 11 banks were qualified to become part of the sample and utilized eight years of financial statements from 2014 to 2021. The researchers adopted a quantitative research design using secondary data from banks listed on the Philippine Stock Exchange (PSE) and employing regression analysis to test their hypotheses. In addition, they used trend analysis to analyze the impact of multiple directorships on the financial performance of selected banks providing specific results. Furthermore, the findings indicate that no significant association between multiple directorships and the financial performance of the banks, as well as the education level of the directors, cannot moderate this relationship.