Board leadership, board meeting frequency and firm performance in two-tier boards
Document Type
Article
Publication Date
4-1-2022
Abstract
We examine how board leadership influences the frequency of supervisory board meetings and how meeting frequency, in turn, affects firm performance. Utilizing a 10-year longitudinal dataset of German and Indonesian listed firms, we find that CEOs in both countries are more likely to foster lower board meeting frequency. However, in Germany, chairmen and female independent directors are more likely to promote higher board meeting frequency, while in Indonesia, affiliated directors and female independent directors have no significant influence. More frequent board meetings lead to better firm performance in Indonesia but not in Germany.
Keywords
Leadership, firm performance
Divisions
accounting
Funders
UM Student Financial Aid 2019,University of Malaya Small Research Grant (Grant No. BK013-2017)
Publication Title
Managerial And Decision Economics
Volume
43
Issue
3
Publisher
John Wiley & Sons Ltd
Publisher Location
THE ATRIUM, SOUTHERN GATE, CHICHESTER PO19 8SQ, W SUSSEX, ENGLAND