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The Impact of the Size of the Board on the Financial Performance of Companies (Literature Review)Zied Bouaziz IIUniversity of Sfax - Faculty of Economics and Management (FSEGS) Mohamed Trikiaffiliation not provided to SSRN June 1, 2011 Abstract: The board of directors, as the internal mechanism of governance has a major function on the reducing the discretion of managers and then to manage the agency relationship between shareholders and leaders and stakeholders of the company. Its composition must therefore allow effective management of this relationship. Indeed, a scan of the main studies on the topic of the board has allowed us identified several indicators related to the effectiveness of control by this mechanism. These are mainly the size of the board that refers to the number of directors sitting there.
Note: Downloadable document is in French. Number of Pages in PDF File: 14 Keywords: Size of the board, financial performance-ownership structure JEL Classification: G18, G3, G34 working papers seriesDate posted: June 17, 2011 ; Last revised: February 12, 2012Suggested Citation |
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