Number of directors and financial performance: A meta-analysis

被引:723
作者
Dalton, DR [1 ]
Daily, CM
Johnson, JL
Ellstrand, AE
机构
[1] Indiana Univ, Kelly Sch Business, Bloomington, IN 47405 USA
[2] Univ Arkansas, Dept Management, Fayetteville, AR 72701 USA
[3] Calif State Univ Long Beach, Dept Management HRM, Long Beach, CA 90840 USA
关键词
D O I
10.5465/256988
中图分类号
F [经济];
学科分类号
02 ;
摘要
Although a host of theory-driven rationales suggest a relationship between board of directors size and firm performance, the literature provides no consensus about: the direction of that relationship, A meta-analysis of 131 samples (N = 20,620) provided systematic evidence of nonzero, positive, true population estimates of board size-performance relationships.
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页码:674 / 686
页数:13
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