The size and composition of corporate boards in Hong Kong, Malaysia and Singapore

Research output: Contribution to journalArticle

10 Citations (Scopus)

Abstract

It is generally held that the choice of size and composition of the board of directors is endogenous to firm and recent theoretical models support this contention. This article focuses on the factors that might explain the size and composition of the board using a unique sample of the larger listed firms in Hong Kong, Malaysia and Singapore. While there is evidence of a size effect explaining board size, the impact of growth options and the existence of chief executive officer who is also chairman are found to be important in explaining board composition.

Original languageEnglish
Pages (from-to)1029-1041
JournalApplied Financial Economics
Volume19
Issue number13
Early online date15 Jun 2009
DOIs
Publication statusPublished - 2009

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Malaysia
Singapore
Corporate boards
Hong Kong
Factors
Board size
Board composition
Chairmen
Chief executive officer
Growth options
Board of directors

Cite this

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The size and composition of corporate boards in Hong Kong, Malaysia and Singapore. / Heaney, Richard.

In: Applied Financial Economics, Vol. 19, No. 13, 2009, p. 1029-1041.

Research output: Contribution to journalArticle

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