Independent directors' performance behavior and corporate violations

Jing Zhao, Liang Zhao, Haoyu Tan and Huxing Li

Finance Research Letters, 2024, vol. 69, issue PB

Abstract: Using data from A-share listed companies as a sample for an empirical analysis, this study confirms the link between the performance behavior of independent directors (IDs) and corporate violations. Empirical research has found that the higher the participation rate of IDs on a company's board of directors is, the more it can reduce the company's irregularities. Furthermore, IDs’ competence negatively moderates the relationship between attendance at meetings and corporate irregularities: The ability of IDs to perform their duties negatively moderates the relationship between IDs’ issuance of dissenting acts and corporate violations.

Keywords: Independent directors; Performance of duties; Corporate violations (search for similar items in EconPapers)
JEL-codes: G34 K22 L51 M41 (search for similar items in EconPapers)
Date: 2024
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S1544612324011486
Full text for ScienceDirect subscribers only

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:eee:finlet:v:69:y:2024:i:pb:s1544612324011486

DOI: 10.1016/j.frl.2024.106119

Access Statistics for this article

Finance Research Letters is currently edited by R. Gençay

More articles in Finance Research Letters from Elsevier
Bibliographic data for series maintained by Catherine Liu ().