Tho Anh To; Suzuki, Yoshihisa; Hong Thu Thi Ho; Siem … - In: European journal of management and business economics : … 30 (2021) 2, pp. 152-169
Purpose - This study investigates the impact of board independence on firm risk of Vietnamese listed firms and the … implemented by applying alternative measures of overinvestment and firm risk. Findings - The results show that the presence of … nonexecutive directors on board increases firm risk. However, the combination of nonexecutive ratio and capital expenditure ratio …