Work

The Indirect Impact of the Board of Directors' Composition on the Firm's Performance: An International Comparison

Year: 2014

Type: article

Abstract: As part of corporate governance theory, this article studies the relationship between the board of directors and the firm's performance from the angle of the R&D investment level in the international context. Our model seeks to show if the R&D investment level acts as a mediating variable between the internal mechanism of corporate governance and performance. This effect is sensitive to the national systems of governance. This empirical study is based on a sample of 174 U.S. and 179 Japanese firms for the period 2008-2012. The results of the linear regressions conducted showing the relationship between, on the one hand, the internal administrator and the non-dual structure, and on the other hand, the firm's performance, meditated by the firm's R&D investment-level.

Source: RePEc: Research Papers in Economics

Authors: Ghazi Zouari, Zouari-Hadiji Rim

Institutions: University of Sfax, Faculty of Economics and Management of Sfax

Language: English

Topic: Corporate Finance and Governance

Subfield: Finance

Field: Economics, Econometrics and Finance

Domain: Social Sciences

SDG: Peace, justice, and strong institutions

Open Access status: diamond

OpenAlex ID: W3204615812

FWCI:

Cites: 64

Cited by: 11

Related to: 10