The determinants of board size and independence : evidence from China

Article


Chen, C. and Al-Najjar, B. 2011. The determinants of board size and independence : evidence from China. International Business Review. 21 (5), pp. 831-846. https://doi.org/10.1016/j.ibusrev.2011.09.008
TypeArticle
TitleThe determinants of board size and independence : evidence from China
AuthorsChen, C. and Al-Najjar, B.
Abstract

China’s corporate governance reform offers an interesting context for investigating the determinants of board size and independence. Analysing a large panel dataset from 1999 to 2003, we find that Chinese board size is primarily driven by firm complexity; board independence is mainly driven by regulation. Some governance factors newly introduced in this study also have a significant impact. For example, board independence is negatively associated with the size of supervisory board and state ownership. The findings have important implications and provide new insights into the subject.

PublisherElsevier
JournalInternational Business Review
ISSN0969-5931
Publication dates
Print19 Oct 2011
Publication process dates
Deposited16 Apr 2012
Output statusPublished
Digital Object Identifier (DOI)https://doi.org/10.1016/j.ibusrev.2011.09.008
LanguageEnglish
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