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Firm performance and board composition: Some new evidence

✍ Scribed by Scott W. Barnhart; M. Wayne Marr; Stuart Rosenstein

Book ID
112143279
Publisher
John Wiley and Sons
Year
1994
Tongue
English
Weight
953 KB
Volume
15
Category
Article
ISSN
0143-6570

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The 'managerial' and the 'contractual' theories of the firm imply different causes and consequences for the relationship between ownership and performance of firms. This paper provides a test of the two conflicting theories, using ownership and performance data from a sample of Spanish family-and no