COUNTRY VERSUS INDUSTRY EFFECT ON BOARD STRUCTURES

Ravi JaiN and Dev Prasad

Accounting & Taxation, 2012, vol. 4, issue 1, 1-9

Abstract: We examine the board structures of US and Indian firms in two industries. We examine three aspects of board structures: board size, board independence, and board leadership. The two industries selected for analysis are information technology and capital goods. While Indian information technology firms have close ties to the American economy, capital goods firms have a domestic focus. Thus, we are able to analyze differences in board structures of firms in two countries and two industries, one of which is closely related and the other relatively unrelated. We do not find any significant differences in board size and board leadership for US and Indian firms in either industry. However, we find that US boards are more independent than Indian firms, both for information technology firms and capital goods firms. These findings are more supportive of the country effect than for the industry effect on board structures.

Keywords: Board of Directors; Corporate Governance; and Board Composition. (search for similar items in EconPapers)
JEL-codes: F23 G34 N20 (search for similar items in EconPapers)
Date: 2012
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
http://www.theibfr2.com/RePEc/ibf/acttax/at-v4n1-2012/AT-V4N1-2012-1.pdf (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:ibf:acttax:v:4:y:2012:i:1:p:1-9

Access Statistics for this article

Accounting & Taxation is currently edited by Terrance Jalbert

More articles in Accounting & Taxation from The Institute for Business and Finance Research
Bibliographic data for series maintained by Mercedes Jalbert ( this e-mail address is bad, please contact ).