Board composition, board diversity and stock performance

• Main Authors: CHIRAPHOL, Chiyachantana N., PATTANAWIHOK, Siripen, PrRASARNPHANICH, Pattarawan
• Format: text
• Language: English
• Published: Institutional Knowledge at Singapore Management University 2021
• Subjects: Corporate governance; Board structure; Board composition; Stock return; Abnormal return; Corporate Finance; Finance and Financial Management
• Online Access: https://ink.library.smu.edu.sg/lkcsb_research/6840; https://ink.library.smu.edu.sg/context/lkcsb_research/article/7839/viewcontent/229_455_1_PB_pvoa.pdf
• Institution: Singapore Management University

The study investigates the relationship between six board compositions and stock returns. The results indicate a significant association between various board compositions and stock returns. Specifically, board size and executive directors have a negative impact, whereas independent directors enhanc...