Attendance of board meetings and company performance: Evidence from Taiwan
Hsin-I Chou,
Huimin Chung and
Xiangkang Yin
Journal of Banking & Finance, 2013, vol. 37, issue 11, 4157-4171
Abstract:
This paper empirically investigates board meeting attendance and its effects on the performance of Taiwanese listed corporations. Directors with higher qualifications attend board meetings more often by themselves. The ownership of the largest shareholder of a company also has a positive effect on director’s own meeting attendance. High meeting attendance by directors themselves can enhance a firm’s performance but high attendance by their representatives has an adverse effect. Independence of directors or a board is also positively associated with firm performance. These results largely hold even when the sample is decomposed to count for different ownership structures and director types.
Keywords: Board meeting attendance; Family controlled firm; Ultimate shareholder; Firm performance (search for similar items in EconPapers)
JEL-codes: G34 (search for similar items in EconPapers)
Date: 2013
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Citations: View citations in EconPapers (34)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:jbfina:v:37:y:2013:i:11:p:4157-4171
DOI: 10.1016/j.jbankfin.2013.07.028
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