The impact of the Board of Director's composition on companies performance

The impact of the Board of Directors’ composition on companies’ performance This paper studies the impact that the board of directors’ composition has on companies’ performance in the Italian market. The research has been carried out by using a sample of 10 Italian companies, across different market sectors, over a period of 10 years (2005-2014). The characteristics of the BoD taken into consideration are the following: board size, board diversity (% of female directors), board independence and CEO duality. Results from the sample data collected concluded that these factors have a statistically significant impact on the performance of the companies that have been analysed.

The flora of British India /By J. D. Hooker assisted by various botanists. Published under the authority of the secretary of state for India in council.

v.1 (1875)

The flora of British India /By J. D. Hooker assisted by various botanists. Published under the authority of the secretary of state for India in council.

v.2 (1879)

The flora of British India /By J. D. Hooker assisted by various botanists. Published under the authority of the secretary of state for India in council.

v.3 (1882)

The flora of British India /By J. D. Hooker assisted by various botanists. Published under the authority of the secretary of state for India in council.

v.4 (1885)

The flora of British India /By J. D. Hooker assisted by various botanists. Published under the authority of the secretary of state for India in council.

v.5 (1890)

The flora of British India /By J. D. Hooker assisted by various botanists. Published under the authority of the secretary of state for India in council.

v.6 (1894)

The flora of British India /By J. D. Hooker assisted by various botanists. Published under the authority of the secretary of state for India in council.

v.7 (1897)

Report of the Director to the Board of Trustees for the year ... / Chicago Natural History Museum.

1958

Report of the Director to the Board of Trustees for the year ... / Chicago Natural History Museum.

1959

Annual report of the Director to the Board of Trustees for the year ... / Field Museum of Natural History

12, no. 1

Annual report of the Director to the Board of Trustees for the year ... / Field Museum of Natural History

12, no. 3

Corporate governance in banking: the role of board of directors

We test hypotheses on the dual role of boards of directors for a sample of large international commercial banks. We find an inverted U shaped relation between bank performance and board size that justifies a large board and imposes an efficient limit to the board’s size; a positive relation between the proportion of non-executive directors and performance; and a proactive role in board meetings. Our results show that bank boards’ composition and functioning are related to directors’ incentives to monitor and advise management. All these relations hold after we control for bank business, institutional differences, size, market power in the banking industry, bank ownership and investors’ legal protection.