Title: Attendance of board meetings and company performance: Evidence from Taiwan
Authors: Chou, Hsin-I
Chung, Huimin
Yin, Xiangkang
National Chiao Tung University
Keywords: Board meeting attendance;Family controlled firm;Ultimate shareholder;Firm performance
Issue Date: 1-Nov-2013
Abstract: This paper empirically investigates board meeting attendance and its effects on the performance of Taiwanese listed corporations. Directors with higher qualifications attend board meetings more often by themselves. The ownership of the largest shareholder of a company also has a positive effect on director's own meeting attendance. High meeting attendance by directors themselves can enhance a firm's performance but high attendance by their representatives has an adverse effect. Independence of directors or a board is also positively associated with firm performance. These results largely hold even when the sample is decomposed to count for different ownership structures and director types. (C) 2013 Elsevier B.V. All rights reserved.
URI: http://dx.doi.org/10.1016/j.jbankfin.2013.07.028
ISSN: 0378-4266
DOI: 10.1016/j.jbankfin.2013.07.028
Volume: 37
Issue: 11
Begin Page: 4157
End Page: 4171
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