Artikel

The effect of monitoring committees on the relationship between board structure and firm performance

The purpose of this study is to investigate the impact of board structure on the performance of French firms in the presence of several monitoring committees. We studied 80 publicly listed French firms spanning from 2001 to 2013. We concluded that large board size has a negative effect on market performance. While large board size in combination with the existence of at least three committees enhances accounting performance and does not have any impact on market performance, the existence of a board dominated by independent directors with the presence of at least three committees seems to have only a negative impact on accounting performance. Our findings indicate that monitoring committees are beneficial for shareholders only for corporations with a large board size.

Language
Englisch

Bibliographic citation
Journal: Journal of Risk and Financial Management ; ISSN: 1911-8074 ; Volume: 9 ; Year: 2016 ; Issue: 4 ; Pages: 1-13 ; Basel: MDPI

Classification
Management
Subject
board composition
monitoring committees
firm performance
France

Event
Geistige Schöpfung
(who)
Ammari, Aymen
Amdouni, Sarra
Zemzem, Ahmed
Ellouze, Abderrazak
Event
Veröffentlichung
(who)
MDPI
(where)
Basel
(when)
2016

DOI
doi:10.3390/jrfm9040014
Handle
Last update
10.03.2025, 11:44 AM CET

Data provider

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Object type

  • Artikel

Associated

  • Ammari, Aymen
  • Amdouni, Sarra
  • Zemzem, Ahmed
  • Ellouze, Abderrazak
  • MDPI

Time of origin

  • 2016

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