Board Composition, Ownership Structure and Firm Performance: New Indian Evidence in a Unique Regulatory Environment

2016 ◽  
Author(s):  
Santanu K. Ganguli
Keyword(s):  
Firm Performance ◽  
Ownership Structure ◽  
Regulatory Environment ◽  
Board Composition

scholarly journals The Association of Board Composition, Intellectual Capital and Firm Performance in a High Ownership Concentration Context: Evidence from Italy

2016 ◽  
Vol 11 (10) ◽  
pp. 317 ◽  
Author(s):  
Stefania Veltri ◽  
Romilda Mazzotta
Keyword(s):  
Firm Performance ◽  
Intellectual Capital ◽  
Ownership Structure ◽  
Capital Market ◽  
Ownership Concentration ◽  
Board Composition ◽  
Firm Efficiency ◽  
Management Literature ◽  
Sophisticated Model ◽  
The Relationship

<p>The association of Corporate Governance (CG) with Firm Performance (FP) has always been an issue relevant to management literature. Nevertheless, the notable heterogeneity of studies and their mixed results highlight the opportuneness of continuing to investigate the association of CG with FP. The article aims to contribute to this research by building and employing a sophisticated model to take into account beyond the  board composition ownership structure and firm efficiency in using its intellectual capital (as measured by VAIC<sup>TM</sup>). The findings provide evidence that the board composition, the ownership concentration and the efficiency of intellectual capital increases firm efficiency in producing profits (as measured by ROA). Furthermore, our findings add knowledge to the relationship between CG and FP, by confirming a positive relationship in Italy, a continental European capital market under-investigated on this issue.</p>

scholarly journals Ownership structure, board composition and investment performance

2009 ◽  
Vol 7 (1) ◽  
pp. 120-130 ◽  
Author(s):  
Johan Eklund ◽  
Johanna Palmberg ◽  
Daniel Wiberg
Keyword(s):  
Firm Performance ◽  
Board Of Directors ◽  
Ownership Structure ◽  
Gender Diversity ◽  
Descriptive Statistics ◽  
Board Composition ◽  
Investment Performance ◽  
Listed Firms ◽  
Explanatory Variables ◽  
Negative Effect

This paper explores the relation between ownership structure, board composition and firm performance among Swedish listed firms. The descriptive statistics show that Swedish board of directors has become more diversified in terms of gender. The analysis shows that board size has a significant negative effect on investment performance. Gender diversity has a small but negative effect on investment performance, and the same holds for CEO being on the board. When incorporating all the explanatory variables into the same equation the negative effect of larger boards dilutes the effect of gender diversity and having the CEO on the board.

scholarly journals Levels of ownership structure, board composition and board size seem unimportant in New Zealand

2004 ◽  
Vol 2 (1) ◽  
pp. 119-128 ◽  
Author(s):  
Trevor Chin ◽  
Ed Vos ◽  
Quin Casey
Keyword(s):  
New Zealand ◽  
Firm Performance ◽  
Ownership Structure ◽  
Board Composition ◽  
Endogenous Factors ◽  
Significant Relationships ◽  
Cast Doubt ◽  
Equity Ownership ◽  
Equity Ownership Structure ◽  
The Relationship

The relationship between firm performance and board composition, size and equity ownership structure are investigated in this paper for a sample of 426 annual observations of New Zealand firms across a five-year period. No statistically significant relationships could be found. These results are consistent with several previous studies and cast doubt on agency explanations used to relate board ownership to corporate performance. This may be due to endogenous factors or due to the small size of the New Zealand pool of corporate directors.

Does Diversity in The Boardroom Add Value to a Firm?

2018 ◽  
Vol 18 (5) ◽  
Keyword(s):  
Firm Performance ◽  
Panel Data ◽  
Firm Size ◽  
Significant Influence ◽  
Negative Influence ◽  
Positive Influence ◽  
Future Research ◽  
Board Composition ◽  
Board Diversity

This study examines whether board diversity affects firm performance. We investigate this study using panel data of a sample of S&P 500 firms during a 12 year period. After controlling for industry, firm size, and other board composition variables, we find that all three board diversity variables of interest – gender, ethnicity, and age have a significant influence on firm performance. While ethnicity and age have a positive influence on firm performance, it was found that gender has a negative influence. Implications for future research are discussed.

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