Boards of directors in SMEs: An empirical evidence of board task performance
South African Journal of Business Management
| Field | Value | |
| Title | Boards of directors in SMEs: An empirical evidence of board task performance | |
| Creator | Iturralde, T. Maseda, A. Arosa, B. García-Ramos, R. | |
| Description | This paper seeks to provide a better understanding of what makes boards effective. We analyse the relationships between board demography and company performance and between working structures and board tasks in small and medium-sized enterprises (SMEs). We test our hypotheses on a sample of 307 Spanish SMEs. The main empirical result is the negative impact that the proportion of outside directors and the board size have on firm performance. We also find a negative impact of outsiders’ presence and a positive impact of director tenure on the board’s service role. Our analysis of the role of board control highlights the negative relationship between this variable and CEO tenure. | |
| Publisher | AOSIS | |
| Date | 2016-12-30 | |
| Identifier | 10.4102/sajbm.v47i4.74 | |
| Source | South African Journal of Business Management; Vol 47, No 4 (2016); 47-58 2078-5976 2078-5585 | |
| Language | eng | |
| Relation |
The following web links (URLs) may trigger a file download or direct you to an alternative webpage to gain access to a publication file format of the published article:
https://sajbm.org/index.php/sajbm/article/view/74/68
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