The impact of board's human capital on the relationship between board's characteristics and firm's performance in Iran

Mahdi Salehi and Marziyeh Farzaneh

International Journal of Learning and Intellectual Capital, 2018, vol. 15, issue 4, 293-308

Abstract: The current study aims to investigate the effects of board's human capital on the relationship between board's characteristics and firm's performance. The Q Tobin's and return on assets, which represent firm's performance, are considered as the dependent variables and independent variables include board's human capital, board dependence and managerial share ownership based upon a sample of 990 firm-year data from companies listed on the Tehran Stock Exchange from 2008 to 2014 using multivariate linear regression analysis, it is concluded that board's human capital positively affects the relationship between board's dependence and performance and also managerial share ownership and performance. The results indicate that firms benefit from board human capital in terms of outside directors' proficiency, validity, experience, specialty and knowledge to monitor and counsel managers.

Keywords: resource dependence theory; board's human capital; managerial share ownership; board dependence. (search for similar items in EconPapers)
Date: 2018
References: Add references at CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
http://www.inderscience.com/link.php?id=95879 (text/html)
Access to full text is restricted to subscribers.

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:ids:ijlica:v:15:y:2018:i:4:p:293-308

Access Statistics for this article

More articles in International Journal of Learning and Intellectual Capital from Inderscience Enterprises Ltd
Bibliographic data for series maintained by Sarah Parker ().