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Is A Supervisory Board Valuable? The French Evidence

Author

Listed:
  • Shyy, G
  • Vijayraghavan, V

Abstract

One of the major differences in corporate governance structure between theGerman board and Anglo-Saxon board is that German companies employ an additional board of supervisory to control corporate management. On the other hand, French companies are free to choose either corporate governance structure. This study examines the determinants of French companies employing supervisory board governance system and finds that asset size and return on equity are two major factors for supervisory board firms.

Suggested Citation

  • Shyy, G & Vijayraghavan, V, 1997. "Is A Supervisory Board Valuable? The French Evidence," Papers 15, American Institute for Contemporary German Studies-.
    • Handle: RePEc:fth:amiger:15
    as

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    More about this item

    Keywords

    BUSINESS ORGANIZATION ; FRANCE;

    JEL classification:

    • D21 - Microeconomics - - Production and Organizations - - - Firm Behavior: Theory
    • L22 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Firm Organization and Market Structure

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