We examine the relationship between firm performance and corporate governance in microfinance institutions (MFI) using a self-constructed global dataset on MFIs collected from third-party rating agencies. Using random effects panel data estimations, we study the effects of board and CEO...

Purpose – First purpose of this study is to find out whether the negative relationship between board size and future firm risk persists in China while contemplating all sorts of endogeneity. Secondly, we investigate the role of large shareholders in influencing the managerial decisions of...

This paper examines the relationship between board of director characteristics and performance in family businesses, providing evidence on whether family firms differ from non-family ones and focusing also on the possibility of asymmetrical effects between periods of stability and economic...

The paper explores the impact of board composition and ownership structure on firm performance of Indian firms from 2009-2013 in presence of certain unique statutory provisions relating to independent directors and limits on ownership concentration. The results show that after controlling for...

The main goal of the paper is to understand if the shareholder composition must be considered as part of the corporate governance framework or as monitoring factor. A related goal of the paper is to investigate if the shareholder composition must be included in the loop among the corporate...