Firms’ performance and board size: A simultaneous approach in the European and American contexts

Detalhes bibliográficos
Autor(a) principal: Augusto, Mário
Data de Publicação: 2019
Outros Autores: Pascoal, Rui, Reis, Pedro
Tipo de documento: Artigo
Idioma: eng
Título da fonte: Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
Texto Completo: http://hdl.handle.net/10400.19/5613
Resumo: The relation between performance and board size (BS) is analysed in the American and European contexts. It is found that return on assets (ROA) depends on BS defined as an endogenous explanatory variable. This potentially non-monotonous effect is modelled by introducing firm size and number of segments by board member as explanatory variables for ROA. BS net effect after accounting for the indirect effect resulting from these variables is negative. Differences in the results obtained for Tobin’s Q, strategic investors’ weight and equity to total assets, between America and Europe, suggest a more preventive management control in Europe.
id RCAP_079cb9a158b29610e912a1fbf60dbd3e
oai_identifier_str oai:repositorio.ipv.pt:10400.19/5613
network_acronym_str RCAP
network_name_str Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
repository_id_str 7160
spelling Firms’ performance and board size: A simultaneous approach in the European and American contextsBoard sizeBoard structureFirms’ performanceFirms’ complexityManagement controlBoard and PerformanceThe relation between performance and board size (BS) is analysed in the American and European contexts. It is found that return on assets (ROA) depends on BS defined as an endogenous explanatory variable. This potentially non-monotonous effect is modelled by introducing firm size and number of segments by board member as explanatory variables for ROA. BS net effect after accounting for the indirect effect resulting from these variables is negative. Differences in the results obtained for Tobin’s Q, strategic investors’ weight and equity to total assets, between America and Europe, suggest a more preventive management control in Europe.Taylor & FrancisRepositório Científico do Instituto Politécnico de ViseuAugusto, MárioPascoal, RuiReis, Pedro2019-09-03T15:38:56Z2019-08-272019-08-27T00:00:00Zinfo:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/articleapplication/pdfhttp://hdl.handle.net/10400.19/5613engMário Augusto, Rui Pascoal & Pedro Reis (2019): Firms’ performance and board size: A simultaneous approach in the European and American contexts, Applied Economics Letters, DOI: 10.1080/13504851.2019.16594871350-485110.1080/13504851.2019.1659487metadata only accessinfo:eu-repo/semantics/openAccessreponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãoinstacron:RCAAP2023-01-16T15:28:13Zoai:repositorio.ipv.pt:10400.19/5613Portal AgregadorONGhttps://www.rcaap.pt/oai/openaireopendoar:71602024-03-19T16:43:56.749977Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãofalse
dc.title.none.fl_str_mv Firms’ performance and board size: A simultaneous approach in the European and American contexts
title Firms’ performance and board size: A simultaneous approach in the European and American contexts
spellingShingle Firms’ performance and board size: A simultaneous approach in the European and American contexts
Augusto, Mário
Board size
Board structure
Firms’ performance
Firms’ complexity
Management control
Board and Performance
title_short Firms’ performance and board size: A simultaneous approach in the European and American contexts
title_full Firms’ performance and board size: A simultaneous approach in the European and American contexts
title_fullStr Firms’ performance and board size: A simultaneous approach in the European and American contexts
title_full_unstemmed Firms’ performance and board size: A simultaneous approach in the European and American contexts
title_sort Firms’ performance and board size: A simultaneous approach in the European and American contexts
author Augusto, Mário
author_facet Augusto, Mário
Pascoal, Rui
Reis, Pedro
author_role author
author2 Pascoal, Rui
Reis, Pedro
author2_role author
author
dc.contributor.none.fl_str_mv Repositório Científico do Instituto Politécnico de Viseu
dc.contributor.author.fl_str_mv Augusto, Mário
Pascoal, Rui
Reis, Pedro
dc.subject.por.fl_str_mv Board size
Board structure
Firms’ performance
Firms’ complexity
Management control
Board and Performance
topic Board size
Board structure
Firms’ performance
Firms’ complexity
Management control
Board and Performance
description The relation between performance and board size (BS) is analysed in the American and European contexts. It is found that return on assets (ROA) depends on BS defined as an endogenous explanatory variable. This potentially non-monotonous effect is modelled by introducing firm size and number of segments by board member as explanatory variables for ROA. BS net effect after accounting for the indirect effect resulting from these variables is negative. Differences in the results obtained for Tobin’s Q, strategic investors’ weight and equity to total assets, between America and Europe, suggest a more preventive management control in Europe.
publishDate 2019
dc.date.none.fl_str_mv 2019-09-03T15:38:56Z
2019-08-27
2019-08-27T00:00:00Z
dc.type.status.fl_str_mv info:eu-repo/semantics/publishedVersion
dc.type.driver.fl_str_mv info:eu-repo/semantics/article
format article
status_str publishedVersion
dc.identifier.uri.fl_str_mv http://hdl.handle.net/10400.19/5613
url http://hdl.handle.net/10400.19/5613
dc.language.iso.fl_str_mv eng
language eng
dc.relation.none.fl_str_mv Mário Augusto, Rui Pascoal & Pedro Reis (2019): Firms’ performance and board size: A simultaneous approach in the European and American contexts, Applied Economics Letters, DOI: 10.1080/13504851.2019.1659487
1350-4851
10.1080/13504851.2019.1659487
dc.rights.driver.fl_str_mv metadata only access
info:eu-repo/semantics/openAccess
rights_invalid_str_mv metadata only access
eu_rights_str_mv openAccess
dc.format.none.fl_str_mv application/pdf
dc.publisher.none.fl_str_mv Taylor & Francis
publisher.none.fl_str_mv Taylor & Francis
dc.source.none.fl_str_mv reponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação
instacron:RCAAP
instname_str Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação
instacron_str RCAAP
institution RCAAP
reponame_str Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
collection Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
repository.name.fl_str_mv Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação
repository.mail.fl_str_mv
_version_ 1799130909514924032

Registros relacionados