This paper investigates the impact of the directorsâ€™ political experience, acquired on the financial performance of listed companies, after the Tunisian revolution of 2011.We also emphasize the directorsâ€™ strategic experience, and the board of directorsâ€™ demographic and structural characteristics. Our data are based on a sample of 22 Tunisian companies listed on the Tunisian stock exchange during the period 2012-2018. This period is characterized by a high corruption. We use two different regression models to examine the impact of the directorsâ€™ political experience on the firm performance. Especially, we consider two measures of the financial performance, namely the ROE and the Tobinâ€™s Q. Our results show that political experience is insignificant when we consider the ROE while it has a negative impact on performance when it is measured by the Tobinâ€™s Q. Nevertheless, strategic experience, the presence of women and the frequency of meetings moderate this negative impact and increase performance.
Keywords: Political experience, performance, Tunisian revolution, board of directors, corruption.