首页    期刊浏览 2024年11月07日 星期四
登录注册

文章基本信息

  • 标题:The impact of firm’s life-cycle on board composition: Evidence from Vietnam's listed firms
  • 本地全文:下载
  • 作者:Duc Huy Pham ; Quoc Viet Pham
  • 期刊名称:Accounting
  • 印刷版ISSN:2369-7393
  • 电子版ISSN:2369-7407
  • 出版年度:2020
  • 卷号:6
  • 期号:6
  • 页码:1065-1070
  • DOI:10.5267/j.ac.2020.7.013
  • 出版社:Growing Science
  • 摘要:We examine the impact of the firm’s life-cycle on board composition of Vietnam's listed firms. The data is balanced and covered over the period 2012-2018 for 442 Vietnam listed firms. We use a fixed-effects regressions analysis to examine the effect of a firm's life-cycle (Lifecycle), and dummy variables of firm's life-cycle (Growth, Mature, Decline) on the board composition (board size, board independence, CEO duality). Our findings show the board composition of Vietnam’s listed firms tends to decrease with the firm's life-cycle. Therefore, the firms need to adjust board composition to a proper level promptly to improve their competitiveness, and consider the supervisory function of the board members is not enough positive in the life-cycle of the firms.
  • 关键词:CEO duality; Board independence; Board size; Board composition; Firm’s life-cycle; Vietnam listed firms
国家哲学社会科学文献中心版权所有