Board structure and firm performance: Evidence from AustraliaJANZAM
Date of this Version1-1-2004
Document TypeJournal Article
AbstractThe influence of corporate governance on firm performance has been discussed for a number of years, but mainly in a United States and European business context. This article investigates the composition of boards of directors in large Australian firms and analyses whether board structure has an impact on performance, as measured by return on equity and market-to-book value ratio. The results showed that outsider ratio and female director ratio were positively associated with firm performance, whereas board size and directors' age had no influence on firm performance.
Citation InformationIngrid Bonn. "Board structure and firm performance: Evidence from Australia" JANZAM Vol. 10 Iss. 1 (2004) p. 14 - 24
Available at: http://works.bepress.com/ingrid_bonn/9/