Impact of board size and board diversity on firm value: Australian evidence
نویسندگان
چکیده
منابع مشابه
Board Diversity and Corporate Social Responsibility: Evidence from Iranian Firms
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We examine the impact of board size on firm performance for a large sample of 2,746 UK listed firms over 1981-2002. The UK provides an interesting institutional setting, because UK boards play a weak monitoring role and therefore any negative effect of large board size is likely to reflect the malfunction of the board’s advisory rather than monitoring role. We find that board size has a strong ...
متن کاملThe Impact of Board Size on Firm Performance: Evidence from the UK
We examine the impact of board size on firm performance for a large sample of 2,746 UK listed firms over 1981-2002. The UK provides an interesting institutional setting, because UK boards play a weak monitoring role and therefore any negative effect of large board size is likely to reflect the malfunction of the board’s advisory rather than monitoring role. We find that board size has a strong ...
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Diverse directors may have diverse preferences over firms’ policies or even objectives. As shown by Arrow (1951), diverse individual preferences may fail to univocally aggregate in collective preferences and may consequently lead to arbitrary and volatile decisions. Using the board of directors as a laboratory, we test whether diversity leads to higher performance volatility. We show that firms...
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Introduction: EuropeanPWN 2004 Survey As a starting point for my remarks, I want to refer to the study that we undertook in conjunction with the European Professional Women’s Network almost 12 months ago. The purpose of this study was to look at two of the more obvious signs of diversity on the Boards of Europe’s largest companies. More specifically, we looked at: • the number of the female Boa...
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ژورنال
عنوان ژورنال: Corporate Ownership and Control
سال: 2007
ISSN: 1810-3057,1727-9232
DOI: 10.22495/cocv4i2p2