Board Size and Corporate Risk: Evidence from China
Year: 2016
Type: article
Abstract: The purpose of this study is to investigate the negative relationship between board size and corporate risk taking in a unique market and institutional environment of China. The authors used a comprehensive sample of 1,502 Chinese listed firms, over a sample period of 2008 to 2013. Empirical findings show that despite the uniqueness of Chinese corporate governance features, board size is negatively associated with corporate risk taking. However, the economic impact of change in board size is much smaller than other developed market context, highlighting the exclusive features of Chinese boards and market.
Source: Journal of Asia-Pacific Business
Authors: Junaid Haider, Hong-Xing Fang
Institution: Dongbei University of Finance and Economics
Language: English
Subfield: Accounting
Domain: Social Sciences
Open Access status: green
OpenAlex ID: W2483382872