The Impact of the Roles, Structure and Process of Boards on Firm Performance: Evidence from Turkey

12 Pages Posted: 24 May 2005

See all articles by Veysel Kula

Veysel Kula

Afyon Kocatepe University - Department of Management

Abstract

This study aims at investigating the impact of the roles, structure and process of boards on performance of Turkish companies. Drawing on the data obtained from a sample of 386 mostly small and non-listed stock ownership companies, it was found that the separation of chairman and general manager positions has significant positive impact on firm performance. From the board roles of control, service and resource acquisition, firm performance was found to be positively related only to the level of adoption of resource acquisition role. It was also found that the effectiveness, information access and performance evaluation attributes of boards are positively and significantly associated with firm performance.

Suggested Citation

Kula, Veysel, The Impact of the Roles, Structure and Process of Boards on Firm Performance: Evidence from Turkey. Available at SSRN: https://ssrn.com/abstract=684313

Veysel Kula (Contact Author)

Afyon Kocatepe University - Department of Management ( email )

Afyon 03200
Turkey

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