scholarly journals Does the Leadership of the Board of Directors Affect Corporate Performance? Based on the Empirical Research of China’s SMEs

2021 ◽  
pp. 1-18
Author(s):  
Shufeng Li ◽  
Rui Huang ◽  
Wenjie Huo ◽  
Qijing Li
Keyword(s):  
Board Of Directors ◽  
Empirical Research ◽  
Corporate Performance ◽  
The Board Of Directors

The Effect of Company Size on the Relationship between Corporate Governance and Corporate Performance in the Iraqi Stock Exchange

2021 ◽  
Vol 39 (11) ◽  
Author(s):  
Ghazwan Al-Shiblawi ◽  
Dalal Mahdi ◽  
Mohammed Mahdi
Keyword(s):  
Corporate Governance ◽  
Board Of Directors ◽  
Significant Relationship ◽  
Corporate Performance ◽  
Stock Exchange ◽  
Institutional Ownership ◽  
Company Size ◽  
Statistical Population ◽  
The Board Of Directors ◽  
The Relationship

The aim of the present study is to assess The Effect of Company Size on the Relationship between Corporate Governance and Corporate Performance in the Iraqi Stock Exchange. The statistical population under study is listed companies of  Iraq Stock Exchange and the number of companies studied in Iraq is 35, from 2015-2019. The results concluded that there is a statistically significant relationship between the change (increase) of institutional ownership and the performance of the company, and this relationship is direct, as well as the relationship between the change (increase) of institutional ownership and the performance of the company. It can change under the influence of the company's size, and this relationship is negative, meaning the larger the company's size, the weaker the relationship. At the same time, the existence of a relationship between changing the composition of the members of the Board of Directors and the performance of the company was not supported, as well as between changing (increasing) the independence of the Board of Directors and the performance of the company, in addition to the relationship between changing the composition of the Board of Directors. The independence of the Board of Directors and the performance of the company is not affected by the change in the size of the company

scholarly journals The relationship between board size and firm performance

2021 ◽  
Vol 257 ◽  
pp. 02079
Author(s):  
Cao Chu Yan ◽  
Yang Zhi Hui ◽  
Liang Xin
Keyword(s):  
Board Of Directors ◽  
Negative Correlation ◽  
Corporate Performance ◽  
High Tech ◽  
Corporate Board ◽  
Board Size ◽  
The Us ◽  
The Board Of Directors ◽  
Empirical Research Methods ◽  
The Relationship

This paper selects 372 companies in the US S&P 500 from 2013 to 2017 as a sample, and uses empirical research methods to test the relationship between corporate board size and corporate performance. The results show that there is a negative correlation between the size of the board of directors and corporate performance; after dividing the sample into high-tech and non-high-tech industries, the results show that this negative correlation is more prominent in the high-tech field. After classifying the sample according to the parity of the number of directors, the results show that the odd number of directors is more effective than the even number of directors.

Impact of board gender diversity on firm risk

2014 ◽  
Vol 40 (8) ◽  
pp. 787-803 ◽  
Author(s):  
Mary Jane Lenard ◽  
Bing Yu ◽  
E. Anne York ◽  
Shengxiong Wu
Keyword(s):  
Stock Market ◽  
Board Of Directors ◽  
Corporate Performance ◽  
Gender Diversity ◽  
Firm Risk ◽  
Content Type ◽  
Market Return ◽  
Stock Market Return ◽  
The Board Of Directors ◽  
The Impact

Purpose – The purpose of this paper is to study gender diversity on the board of directors and the relation to risk management and corporate performance as measured by the variability of stock market return. Design/methodology/approach – The sample consists of companies from the RiskMetrics database from 2007 to 2011. This database contains information on corporate board of directors. Financial variables were collected from the Compustat database and CRSP database for the years 2005-2011. The authors then measure the effect of gender diversity on corporate performance in terms of firm risk, using the model by Cheng (2008) which measures the variability of stock market return. Findings – The study shows that more gender diversity on the board of directors impacts firm risk by contributing to lower variability of stock market return. The higher the percentage of female directors on the board, the lower the variability of corporate performance. Originality/value – The research design and findings assist in providing additional evidence about the role of women in corporate leadership positions and the association with corporate performance. The approach combines Cheng's (2008) model of stock market variability with the impact of gender diversity on the board of directors.

scholarly journals Effective board management and good corporate performance in nigerian public liability companies

2020 ◽  
Vol 11 (1) ◽  
pp. 110
Author(s):  
John Nkeobuna Nnah Ugoani
Keyword(s):  
Corporate Governance ◽  
Board Of Directors ◽  
Internal Control ◽  
Corporate Performance ◽  
Bank Failures ◽  
Exploratory Research ◽  
Design Data ◽  
Corporate Fraud ◽  
Good Corporate Governance ◽  
The Board Of Directors

The need for effective board management and good corporate performance lies at the heart of good corporate governance theory because as the agency theory contends the managers’ interest and the interest of shareholders are not almost always the same. Good corporate performance is the basis of the business as reflected through enhanced shareholder value measured by return on investment, return on assets or return on equity. Effective board management necessary for good corporate performance requires significant dose of emotional intelligence competencies such as integrity, transparency and loyalty. Such will ensure that the board of directors exercises internal control through effective monitoring roles aimed at protecting shareholders’ interest as contemplated by the principles of good corporate governance. Ninety seven individuals participated in the study conducted through the exploratory research design. Data were analyzed through descriptive and regression statistical techniques and it was found that effective board management has significant positive correlation with good corporate performance. There is need for more understanding in this area, therefore further study could examine the relationship between corporate fraud and incessant bank failures in Nigeria despite various regulatory interventions. Consequent on the result of this study, it was suggested that the appointment of members of the board of directors of public liability companies in Nigeria must not be done without consideration to relevant experience.

scholarly journals Structure and voting behavior of the board of directors: theoretical and experimental evidences

2008 ◽  
Vol 5 (3) ◽  
pp. 99-113
Author(s):  
Chun-An Lia ◽  
Kun-Chin Lee
Keyword(s):  
Resource Allocation ◽  
Information Asymmetry ◽  
Board Of Directors ◽  
Voting Behavior ◽  
Laboratory Experiments ◽  
Corporate Performance ◽  
The Board Of Directors

We examine the value of outsiders by voting behavior of boards. Our model proves that boards with a majority of trustworthy but uninformed outsiders can implement institutionally preferred policies and augment corporate performance by upgrading resource allocation. Our laboratory experiments strongly support this conclusion that higher proportion of appointed outsiders yields more efficient boards. We also find outsider-dominated boards, given enough time, will reduce information asymmetry among directors and thereby execute institutionally preferred policies

Do characteristics of the board of directors and top executives have an effect on corporate performance among the financial sector? Evidence using stock

2019 ◽  
Vol 20 (1) ◽  
pp. 16-43 ◽  
Author(s):  
Ebrahim Mohammed Al-Matari
Keyword(s):  
Corporate Governance ◽  
Board Of Directors ◽  
Corporate Performance ◽  
Management Strategies ◽  
Future Research ◽  
Executive Management ◽  
Content Type ◽  
Listed Firms ◽  
The Board Of Directors ◽  
Top Executive

Purpose Consistent with the board of directors and top executive management’s role in ensuring and promoting investments for economic development, this paper aims to examine Omani executive management’s role in helping goals achievement in firms. This paper examines the relationships among the study variables, which are top executive management characteristics and corporate performance in the context of Omani listed firms, with the help of two control variables. Design/methodology/approach The study focused on a unique context, a developing nation, Oman and its exchange market for the past seven years (2011-2017). In addition, the data were collected from annual report according to board of directors and top executive management variables, and the financial data were obtained from DataStream. The study used the panel data approach to test the relationships characteristics of board of directors, top executive management and corporate performance. Findings Based on the obtained results, showed positive and significant positive relationships between some characteristics of top executive management and corporate performance, and significant negative relationships between others and the same. Specifically, board size, non-executive directors, general experience and account experience were in the former category, while board meeting was in the latter category. Finally, size and professional certificate of top executive management did not have a significant relationship with corporate performance. Research limitations/implications This study, like previous studies has some limitations such as sample, country, variables and years; therefore, at the end of this study, many limitations and suggestions for future research studies are provided. Moreover, the study findings can be used by the market to assist managers to enhance corporate weaknesses. Originality/value The focus of the study was placed on the top executive management and corporate governance of Omani listed firms that has implications for practitioners particularly concerning the top executive management role. Added to this, the study conducted an investigation of the integration between board of directors and top executive management, with corporate governance among Omani listed firms. The study also provided information that has implications to academics when it comes to board of directors and top executive management strategies to encourage consideration of the relationship to develop best practices.

scholarly journals The ownership structure, the board of directors and the corporate performance: Complementarity or substitutability? Evidence from companies listed on Abu Dhabi stock exchange

2012 ◽  
Vol 9 (3) ◽  
pp. 276-287 ◽  
Author(s):  
Nejla Ould Daoud Ellili
Keyword(s):  
Board Of Directors ◽  
Ownership Structure ◽  
Corporate Performance ◽  
Stock Exchange ◽  
Institutional Ownership ◽  
Abu Dhabi ◽  
Annual Data ◽  
Managerial Ownership ◽  
Board Size ◽  
The Board Of Directors

This study investigates the interrelations between the ownership structure, the board of directors and the performance of the companies using annual data for 33 companies listed on Abu Dhabi Stock Exchange during the period 2007 - 2009. The system of the simultaneous equations shows important interrelations between the managerial ownership and board of directors’ characteristics. The managerial ownership appears substitutable to the blockholders ownership, institutional ownership and the board size while it is complementary to the board duality. Our results show also that the board duality and the financial policy of the company are substitutable, while the blockholders ownership, the institutional and the board size are complementary governance mechanisms. Our empirical results show also that the relationship between the managerial ownership and the corporate performance is not significant and that the managerial ownership is endogenous and it depends, among others, on the corporate performance. Moreover, the blockholders ownership, the institutional ownership and the board size have all negative impacts on the performance, while the board duality, the age and the firm size guarantee a better performance of the company.

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