EconPapers    
Economics at your fingertips  
 

The Effect of Monitoring Committees on the Relationship between Board Structure and Firm Performance

Aymen Ammari (), Sarra Amdouni (), Ahmed Zemzem () and Abderrazak Ellouze ()
Additional contact information
Sarra Amdouni: DEFI Research Unit, High School of Economic and Commercial Sciences of Tunis, University of Tunis, Tunis 1089, Tunisia
Ahmed Zemzem: High Institute of Business Studies of Sousse, University of Sousse, Sousse 4054, Tunisia
Abderrazak Ellouze: THEMA, High School of Digital Economy of Manouba, University of Manouba, Manouba 2010, Tunisia

JRFM, 2016, vol. 9, issue 4, 1-13

Abstract: The purpose of this study is to investigate the impact of board structure on the performance of French firms in the presence of several monitoring committees. We studied 80 publicly listed French firms spanning from 2001 to 2013. We concluded that large board size has a negative effect on market performance. While large board size in combination with the existence of at least three committees enhances accounting performance and does not have any impact on market performance, the existence of a board dominated by independent directors with the presence of at least three committees seems to have only a negative impact on accounting performance. Our findings indicate that monitoring committees are beneficial for shareholders only for corporations with a large board size.

Keywords: board composition; monitoring committees; firm performance; France (search for similar items in EconPapers)
JEL-codes: C E F2 F3 G (search for similar items in EconPapers)
Date: 2016
References: View references in EconPapers View complete reference list from CitEc
Citations: Track citations by RSS feed

Downloads: (external link)
https://www.mdpi.com/1911-8074/9/4/14/pdf (application/pdf)
https://www.mdpi.com/1911-8074/9/4/14/ (text/html)

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:gam:jjrfmx:v:9:y:2016:i:4:p:14-:d:84424

Access Statistics for this article

JRFM is currently edited by Ms. Scarlett Liu

More articles in JRFM from MDPI
Bibliographic data for series maintained by MDPI Indexing Manager ().

 
Page updated 2022-01-04
Handle: RePEc:gam:jjrfmx:v:9:y:2016:i:4:p:14-:d:84424