On a global scale, the Fintech sector has become increasingly important for keeping abreast of developments and progressions in the financial field. This study aimed to examine the impact of Fintech on the financial sector of Saudi Arabia and the role of Fintech in the relationship between the board of directors and corporate performance among Saudi financial firms listed on the stock market. Data were obtained from financial sector firms, covering banks and insurance firms from 2014 to 2020. The results revealed that board size, board independence, board meeting, board experience, and Fintech have a significant relationship with corporate performance. In relation to additional analyses, this study found that the board of directors’ score has a significant association with performance. Moreover, this study found that Fintech does not moderate the relationship between the board of directors’ score and corporate performance. This study sheds light on the effect of Fintech on the financial sector of Saudi Arabia, contributing new information to the literature. The study results are expected to have implications for several stakeholder groups. First, the study findings can be beneficial to academics, in terms of new knowledge and understanding of Fintech in the context of Saudi Arabia, a country that represents the Gulf region and the Arab World. The findings also have implications for policy-makers and practitioners in the Saudi and Middle-Eastern countries, Asia, and developing nations that have a similar culture, socio-economic institutions, or socio-economic environments.

Globally, the Fintech industry has grown in importance as a means of staying ahead of changes in the financial sector. This study aims to assess the influence of Fintech on Saudi Arabia’s finan-cial corporate performance. The sample of the study is the financial service industry comprising banks and insurance companies. Data are gathered from the annual reports and DataStream for the years from 2014 to 2021. Banks and insurance companies make up the bulk of the financial ser-vices industry, which serves as a good representative sample. The associations between the in-dependent and dependent variables in five models are examined using ordinary least squares (OLS) and feasible generalized least squares (FGLS) regressions. The results reveal that Fintech has a positive impact on corporate performance. The results of additional tests are consistent with the main findings. We contributed to the literature and associated theories by shedding light on the impact of fintech on the financial sector. The findings have ramifications for a wide range of parties. Researchers can utilize the study and findings to learn more about Fintech in the context of Saudi Arabia, which stands for the Gulf region and the Arab World.

The significance of a company’s ownership structure (OST) is reflected in how it impacts the process of making decisions and the allocation of profits within the organization. Based on that, this article aims to inspect the connection between OST and corporation performance (CP). The current study employed an empirical strategy that entailed the development of comprehensive ordinary least squares (OLS) measures, which were then applied to a sample of 199 financial and non-financial firms listed on the Saudi market between the years 2015 and 2021, amounting to a total of 1393 observations. The statistical findings supported the impact of managerial ownership (MGOW), institutional ownership (INOW) and government ownership (GOOW) on CP. On the contrary, foreign ownership (FOOW) and ownership concentration (OWCO) have a negatively significant relationship with CP. This article is one of the few empirical studies that look at how OST affects CP. In addition, it is the first study in the Kingdom of Saudi Arabia (KSA) that examines the impact of the OST components (administrative, institutional, foreign, governmental ownership, and ownership concentration) on the performance of companies in all sectors of financial and non-financial companies.

The top management (TM) is very important to the company. It is concerned with planning, directing, monitoring results, and adjusting strategic plans. This research intends to investigate the connection between TM characteristics and financial company performance. Specifically, this research explores the role of women in this relationship. The sample of the study is 368 firm-year-observations from the listed financial sectors in Saudi Arabia for the 2014–2021 years. The ordinary least squares (OLS) regression analysis is used to determine if TM characteristics have an impact on firm performance. The moderating effect of women in TM on the connection between TM qualities and performance is also tested in this research. This research confirms the primary theories by using attentional tests in conjunction with additional data. We discover that the size of TM has a statistically significant detrimental impact on performance according to the major models. We also find the significant effects of accounting and finance experience of TM, professional certificate of TM, education level of TM, and women in TM on performance. Further analysis reveals that omen in TM has a moderator effect on TM characteristics and company performance. The study contains new empirical data to comprehend how management- and governance-specific elements impact the effectiveness of performance in Saudi Arabia enterprises. In addition, the representation of women in TM has an impact on the association between TM characteristics and performance.

This job aims to confirm the role of audit committee (AC) attributes in curbing earnings management (EM) (discretionary accruals, DA). More significantly, it seeks to fully explore the moderating impact of audit quality (AQ) (Big4 companies) on the association of AC attributes with DA. The research subject is data from insurance businesses listed on the Saudi Stock Exchange (Tadawul) over an eight-year period (2014–2021). The data analyses from this period show that AC size, commitment, meetings, and independence negatively and significantly influence DA. However, AC experience was not linked to DA. The impact of moderating variables was also explored. AQ has a significant and negative moderating influence on the association of audit committee size (ACZ) with DA. Furthermore, the regression outcomes confirm that AQ does not affect the association of DA with other AC attributes. These findings can help investors and shareholders evaluate the trustworthiness and quality of annual reporting when deciding whether to invest in companies listed on Tadawul. They can also help Saudi policymakers develop and strengthen laws and regulations to assist and encourage firms’ production of reliable, quality financial statements.