Board of Director Quality and Firm Performance

Richard Dowen

International Journal of the Economics of Business, 1995, vol. 2, issue 1, 123-132

Abstract: This paper aims to shed light on the relationship between the quality of the individuals on a firm's board of directors and performance. It reports the results of an empirical study of a sample of Fortune 1000 firms. The findings suggest that quality boards, as measured by the average number of board seats held by each director, are associated with quality firms, as measured by both accounting and market performance.

Keywords: Board of directors; Firm performance, JEL classification: 511, (search for similar items in EconPapers)
Date: 1995
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DOI: 10.1080/758521100

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