Artikel

Boards of directors in SMEs: An empirical evidence of board task performance

This paper seeks to provide a better understanding of what makes boards effective. We analyse the relationships between board demography and company performance and between working structures and board tasks in small and medium-sized enterprises (SMEs). We test our hypotheses on a sample of 307 Spanish SMEs. The main empirical result is the negative impact that the proportion of outside directors and the board size have on firm performance. We also find a negative impact of outsiders' presence and a positive impact of director tenure on the board's service role. Our analysis of the role of board control highlights the negative relationship between this variable and CEO tenure.

Language
Englisch

Bibliographic citation
Journal: South African Journal of Business Management ; ISSN: 2078-5976 ; Volume: 47 ; Year: 2016 ; Issue: 4 ; Pages: 47-58 ; Cape Town: African Online Scientific Information Systems (AOSIS)

Classification
Management

Event
Geistige Schöpfung
(who)
Iturralde, T.
Maseda, A.
Arosa, B.
García-Ramos, R.
Event
Veröffentlichung
(who)
African Online Scientific Information Systems (AOSIS)
(where)
Cape Town
(when)
2016

DOI
doi:10.4102/sajbm.v47i4.74
Handle
Last update
10.03.2025, 11:41 AM CET

Data provider

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Object type

  • Artikel

Associated

  • Iturralde, T.
  • Maseda, A.
  • Arosa, B.
  • García-Ramos, R.
  • African Online Scientific Information Systems (AOSIS)

Time of origin

  • 2016

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