The value relevance of bank cash Holdings: The moderating effect of board busyness

• The Study investigates the value relevance of bank cash holdings information. moderating effect board busyness on such is also examined. Investors negatively price banks’ large free flow. Having busy boards reverse negative pricing and promote stock market valuations. Such benefits have been reduced in context Islamic banking. This study examines information outside multiple directorships relevance. Our sample based a dual-banking system (i.e., conventional banks) which represents 70 listed banks for period from 2010 to 2018. On average, our analysis indicates that investors However, having members, who are able monitor reserves more effectively, tends enhance public confidence turn, cancel out holding Moreover, predicted reputational appointing directors not prevalent banking, requires stricter monitoring by due complex business model adopted, distinctive systems governance, higher agency conflicts when compared