This study examines the relationship between board diversity and firm performance in small- and medium-sized enterprises (SMEs) in the U.K. In particular, we investigate the role of gender and age as two dimensions of diversity. Using a large sample of SMEs (34,798 firms) located in the U.K. and...

This manuscript examines the influence of some variables relating to boards of directors that we consider to be proxies for power (gender diversity, duality, board size and insider ownership). Their influence on firm debt is explored. The sample examined, Spanish non-financial SMEs, has some...

Objective: The objective of the article is to determine the effect of governance structure components (audit committee presence, board size adequacy, and board leadership) on SMEs’ performance and the moderating effect of chief executive officer (CEO) tenure on the influence of governance...

This paper studies the impact of corporate governance on the firm performance of Unlisted Family Owned Small Firms (UFOSFs) in the relevance of the argument that owner managed firms apart from being guided by the principles of stewardship theory, not only reduce the agency costs of ownership,...

Compliance with corporate governance best practice is costly for all firms but can be prohibitively expensive for small firms, squeezing margins and depleting funds for reinvestment (Linck, Netter & Yang, 2008). In addition, small firms are not afforded the external governance mechanism of...