NUMBER OF DIRECTORS AND FINANCIAL PERFORMANCE: A META-ANALYSIS.

19991,753 citationsJournal Article

Authors

Jean L. Johnson · University of Arkansas at Fayetteville

Alan E. Ellstrand · California State University, Long Beach

Abstract

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.

Topics & Keywords

Corporate Finance and Governance Family Business Performance and Succession Islamic Finance and Banking Studies

Publication Details

Published in: Academy of Management Journal

Volume 42, Issue 6, pp. 674-686

DOI: 10.2307/256988

Field-Weighted Citation Impact: 23.88

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NUMBER OF DIRECTORS AND FINANCIAL PERFORMANCE: A META-ANALYSIS.

Authors

Abstract

Topics & Keywords

Publication Details