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Board size and firm operating performance: Evidence from Germany

Graf, Andrea and Stiglbauer, Markus (2009) Board size and firm operating performance: Evidence from Germany. Corporate Board: Role, Duties & Composition 5 (1), pp. 37-46.

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Abstract

Determining the optimum size of corporate boards is an important task for companies. Agency theory suggests that either too large or too small boards cause negative effects on firm operating performance. For a given sample of 113 listed firms in the German Prime market, we tested the effect of board size on return on assets and return on equity. Our findings provide evidence that there is a ...

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Item type:Article
Date:2009
Institutions:Business, Economics and Information Systems > Institut für Betriebswirtschaftslehre > Entpflichtete oder im Ruhestand befindliche Professoren > Lehrstuhl für Führung und Organisation (Prof. Dr. Andrea Graf)
Keywords:Board size, management board, operating performance, German dual board system
Dewey Decimal Classification:300 Social sciences > 330 Economics
Status:Published
Refereed:Yes, this version has been refereed
Created at the University of Regensburg:Yes
Item ID:8954
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