Abstract: This study examines the relationship between board attributes (board independence, board meeting frequency, board gender diversity, and board size) and the firm value of listed companies in Kenya.The positivist paradigm informed the study’s research design.Fixed effects panel data regression was applied to 618 firm-year observations from 58 firms listed on the Nairobi Securities Exchange (NSE) from 2010 to 2021.The results show that all board attributes had no significant effect on firm value.These findings challenge theoretical assumptions related to agency and resource dependency theories.This study contributes to the existing body of literature by addressing a notable research gap, specifically by investigating the association between female representation as a board attribute and firm value measured through Tobin’s Q.The implications of this study for both theory and practice underscore the importance of recognizing the multifaceted nature of corporate governance and the need for adaptive governance strategies that align with the distinctive dynamics of each business environment.
Keywords: Board attributes, firm value,Tobin’s Q,fixed effect, Kenya