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Purpose This study investigates the moderating role of nomination and remuneration committees on the relationships between board characteristics and the financial performance of listed textile businesses in Bangladesh. Design/methodology/approach The study utilises the theoretical frameworks of agency, resource dependence and stakeholder theories. The study investigates the moderating effect of nomination committees using regression analysis by evaluating a sample of 270 firm-year observations from 2016 to 2021. Findings The results reveal that nomination committee presence enhances the performance benefits of larger board size and frequent meetings but negatively reinforces the detrimental effects of excessive independent directors lacking firm-specific expertise. Female board representation demonstrates an unexpected negative association, implying suboptimal selection. Research limitations/implications Overall, nuanced moderating effects of nomination committees on board characteristic-performance relationships are evidenced. This timely study contributes empirical evidence on an underexplored area and provides a foundation to advance academic literature on the linkages between nomination committees, corporate boards and firm-level outcomes. Further research avenues are highlighted. Practical implications The findings have salient implications for enhancing board competency and engagement, reforming nomination committee policies towards competency-based nominations and discouraging token appointments to fulfil regulatory mandates on board diversity. Originality/value This is the first study to provide insights into the moderating effects of nomination committees on board characteristic-performance relationships in Bangladesh’s textile industry. 研究目的 本研究擬探討提名及薪酬委員會在董事會特性與在孟加拉的上市紡織公司的財務表現之間的關係上所扮演的調節角色。 研究設計/方法/理念 研究人員採用代理理論、資源依赖理論和持份者理論來進行研究。研究人員使用迴歸分析,透過評估一個涵蓋2016年至2021年期間共270個企業年度觀察的樣本,來探討提名委員會的調節作用。 研究結果 研究結果顯示,提名委員會的存在,會提升董事會的性能優勢: 董事會的規模會較大,而且,董事會開會的頻率亦會增加。唯提名委員會的存在卻會負面地加強過度獨立而又欠缺行業特定的專業知識的董事所帶來的不利影響。研究結果亦顯示,若女性擁有董事會的代表權,這會出乎意料地帶來負面的關聯,這意味著挑選女性並不是一個令人滿意的選擇。 研究的局限/啟示 總的來說,提名委員會對董事會特性與表現之間的關聯起著有細緻差別的調節作用,這是已被證實的。本研究適時地為這個未充分探索的領域提供經驗證據; 本研究亦提供一個基礎,使探討提名委員會、公司董事會和公司層面的成果三者間之關聯的學術文獻得以進展,就這方面而言,本研究作出了貢獻。 實務方面的啟示 研究結果就提升董事會的能力和參與的積極性,改革欲達基於能力的提名委員會政策,以及阻止為符合董事會多元化方面的法規要求而作的象徵性任命這三方面,提供了重要的啟示。 研究的原創性/價值 本研究為首個學術研究,就於孟加拉紡織工業裏,提名委員會在董事會特性與財務績效間的關聯上所發揮的調節作用,提供了啟示。