The determinants of board size and independence : evidence from China

Chen, Catherine Huirong and Al-Najjar, Basil (2011) The determinants of board size and independence : evidence from China. International Business Review, 21 (5). pp. 831-846. ISSN 0969-5931

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China’s corporate governance reform offers an interesting context for investigating the determinants of board size and independence. Analysing a large panel dataset from 1999 to 2003, we find that Chinese board size is primarily driven by firm complexity; board independence is mainly driven by regulation. Some governance factors newly introduced in this study also have a significant impact. For example, board independence is negatively associated with the size of supervisory board and state ownership. The findings have important implications and provide new insights into the subject.

Item Type:Article
Research Areas:A. > Business School > Accounting and Finance
ID Code:8844
Deposited On:16 Apr 2012 11:59
Last Modified:05 Oct 2015 15:09

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