Andres, Pablo de; Azofra, Valentin; Lopez, Felix - In: Corporate Governance: An International Review 13 (2005) 2, pp. 197-210
In recent years, the debate about the efficiency of corporate governance mechanisms has focused on the activity of the corporate boards of directors. This paper analyses the effect of the size of the board, its composition and internal functioning on firm value in a sample of 450 non-financial...