The determinants of board size and independence: evidence from China
Chen, C. and Al-Najjar, Basil (2012) The determinants of board size and independence: evidence from China. International Business Review 21 (5), pp. 831-846. ISSN 0969-5931.
China's corporate governance reform offers an interesting context for investigating the determinants of board size and independence. Analysing a large panel dataset from 1999 to 2003, we find that Chinese board size is primarily driven by firm complexity; board independence is mainly driven by regulation. Some governance factors newly introduced in this study also have a significant impact. For example, board independence is negatively associated with the size of supervisory board and state ownership. The findings have important implications and provide new insights into the subject.
|Keyword(s) / Subject(s):||board size, board structure, corporate governance, China|
|School:||Birkbeck Schools and Departments > School of Business, Economics & Informatics > Management|
|Depositing User:||Basil Al-Najjar|
|Date Deposited:||26 Oct 2012 13:34|
|Last Modified:||17 Apr 2013 12:25|
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