Which Characteristics Determine a Perfect Board of Directors? A Review of the Economic Literature (eBook)

Felix Pütz (Autor)

eBook Download: PDF

2021 | 1. Auflage
GRIN Verlag
978-3-346-48514-4 (ISBN)

Infos

Academic Paper from the year 2020 in the subject Business economics - Business Management, Corporate Governance, grade: 1,3, Maastricht University, language: English, abstract: The board of directors is an important organizational institution, whose purpose is to reduce the agency problem inherited by the management of a firm. However, because of various accounting frauds and failures in corporate governance in the
history of larger corporations, there is increasing public attention regarding the effectiveness of a board and how a perfect board should be designed to increase their oversight quality. Because of these many researchers investigated this topic.

This paper reviews recent academic research regarding the characteristics of a perfect board of directors. Firstly, the paper analyses different board characteristics, then it investigates the importance of the composition and size of the audit committee.

Produkt-Details

• Erscheint lt. Verlag: 10.9.2021
• Verlagsort: München
• Sprache: englisch
• Themenwelt: Wirtschaft ► Betriebswirtschaft / Management ► Unternehmensführung / Management
• Schlagworte: Agency Problem • audit comittee • Board of Directors • CEO • Corporate Governance • independent outside directors
• ISBN-10: 3-346-48514-5 / 3346485145
• ISBN-13: 978-3-346-48514-4 / 9783346485144