The determinants of board size and independence : evidence from China
Full text is not in this repository.
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.
|Research Areas:||A. > Business School > Accounting and Finance|
|Depositing User:||Dr Catherine Huirong Chen|
|Date Deposited:||16 Apr 2012 11:59|
|Last Modified:||13 Oct 2016 14:24|
Actions (login required)