Title: Supervisory Board Characteristics and Performance at Listed Companies: An Empirical Analysis
Abstract: This paper makes an empirical analysis of supervisory board characteristics and performance of small and medium-sized listed companies.It is found that the scale of supervisory board can hardly affect the development of the companies,and that there is no significant positive correlation between shares held by and annual compensation of supervisors and company performance.We believe that,to some extent,it is the advantageous of the management that has put supervisory board at a disadvantage.With the rise of professional managers and the expansion and growth of institutional investors,however,the disadvantageous status of supervisory board will be greatly improved.
Publication Year: 2007
Publication Date: 2007-01-01
Language: en
Type: article
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