Directors characteristics and stock market performance in Canada

Michel Sayumwe () and Boudjemaa Amroune ()
Additional contact information
Michel Sayumwe: University of Quebec, Montreal. Canada
Boudjemaa Amroune: University of Quebec, Montreal. Canada

Journal of Economic and Financial Studies (JEFS), 2017, vol. 5, issue 1, 1-15

Abstract: We examine the effect of the characteristics of board of directors on the stock market performance in Canadian settings. Our sample includes fifty of the largest corporations listed on the Toronto Stock Exchange at the end of December 2013 for the period of 2009 to 2013 for the sub-groups of S&P/TSX Composite Index-60. Our results show that the size of the board, remuneration of directors and disclosure of financial information in terms of book value per share and earnings per share, contribute to market performance of firms in S&P/TSX Composite Index-60 listing. Classification JEL: A12 ; G22; G38

Keywords: Board of directors; Market performance; Toronto Stock Exchange (search for similar items in EconPapers)
Date: 2017
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
http://www.journalofeconomics.org/index.php/site/article/view/176/308 (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:lrc:lareco:v:5:y:2017:i:1:p:1-15

Access Statistics for this article

More articles in Journal of Economic and Financial Studies (JEFS) from LAR Center Press
Bibliographic data for series maintained by S Marjan ( this e-mail address is bad, please contact ).