2012
DOI: 10.5296/jmr.v4i2.1504
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Examination of Theoretical and Empirical Studies on Firm’s Performance in Relation to its’ Board Size: A Study of Small and Medium Size Public Firms

Abstract: This research presented a review of key theoretical and empirical studies on firm's performance and its board size. The review included on small & medium sized and public owned firms from manufacturing to financial sectors. The research concludes that the evidence on positive or negative correlation between board size and a firm's performance is mixed (inconclusive) and need for further empirical investigation on this subject is warranted. It was found that the choice of optimal board size can vary in one firm… Show more

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Cited by 1 publication
(1 citation statement)
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“…Agency theory specifies that contradictory interest may arise between the principal and the agent though it is always not the case at the point of engaging agent to realize the owner's interest (Sheikh, Khan, Igbal, & Ahmed, 2012). Inequality in access to information is noted as one of the motivations for intentional decision of disclosing information in the standpoint of disclosure (Alotaibi, 2014;Healy & Palepu, 2001).…”
Section: Review Of Extant Literaturementioning
confidence: 99%
“…Agency theory specifies that contradictory interest may arise between the principal and the agent though it is always not the case at the point of engaging agent to realize the owner's interest (Sheikh, Khan, Igbal, & Ahmed, 2012). Inequality in access to information is noted as one of the motivations for intentional decision of disclosing information in the standpoint of disclosure (Alotaibi, 2014;Healy & Palepu, 2001).…”
Section: Review Of Extant Literaturementioning
confidence: 99%