Arosa, Blanca; Iturralde, Txomin; Maseda, Amaia - In: Investigaciones Europeas de Dirección y Economía de … 19 (2013) 3, pp. 127-135
The aim is to analyse the efficiency of the board of directors as a corporate governance mechanism. For this purpose, we examine the effect of board composition, size, activity, leadership structure and CEO tenure on firm performance. To test our hypothesis we use a sample of 307 Spanish SMEs,...