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The Role of the Independent Director: Evidence from a Survey of Independent Directors in Australia

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  • Albie Brooks
  • Judy Oliver
  • Angelo Veljanovski

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  • Albie Brooks & Judy Oliver & Angelo Veljanovski, 2009. "The Role of the Independent Director: Evidence from a Survey of Independent Directors in Australia," Australian Accounting Review, CPA Australia, vol. 19(3), pages 161-177, September.
    • Handle: RePEc:bla:ausact:v:19:y:2009:i:3:p:161-177
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    File URL: http://hdl.handle.net/10.1111/j.1835-2561.2009.00055.x
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    References listed on IDEAS

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    1. M. J. Nowak & M. McCabe, 2003. "Information Costs and the Role of the Independent Corporate Director," Corporate Governance: An International Review, Wiley Blackwell, vol. 11(4), pages 300-307, October.
    2. Terry McNulty & Andrew Pettigrew, 1996. "The Contribution, Power and Influence of Part‐time Board Members," Corporate Governance: An International Review, Wiley Blackwell, vol. 4(3), pages 160-179, July.
    3. Philip Stiles & Bernard Taylor, 1996. "The Strategic Role of the Board," Corporate Governance: An International Review, Wiley Blackwell, vol. 4(1), pages 3-10, January.
    4. Stephen P. Ferris & Murali Jagannathan & A. C. Pritchard, 2003. "Too Busy to Mind the Business? Monitoring by Directors with Multiple Board Appointments," Journal of Finance, American Finance Association, vol. 58(3), pages 1087-1112, June.
    5. Jensen, Michael C. & Meckling, William H., 1976. "Theory of the firm: Managerial behavior, agency costs and ownership structure," Journal of Financial Economics, Elsevier, vol. 3(4), pages 305-360, October.
    6. Chris Mallin, 2005. "Directors: how training and development can enhance their role," Corporate Governance: An International Review, Wiley Blackwell, vol. 13(6), pages 729-729, November.
    7. Geoffrey C. Kiel & Gavin J. Nicholson, 2005. "Evaluating Boards and Directors," Corporate Governance: An International Review, Wiley Blackwell, vol. 13(5), pages 613-631, September.
    8. David Wan & C. H. Ong, 2005. "Board Structure, Process and Performance: evidence from public‐listed companies in Singapore," Corporate Governance: An International Review, Wiley Blackwell, vol. 13(2), pages 277-290, March.
    9. Klein, April, 1998. "Firm Performance and Board Committee Structure," Journal of Law and Economics, University of Chicago Press, vol. 41(1), pages 275-303, April.
    10. L. A. A. Van den Berghe & Abigail Levrau, 2004. "Evaluating Boards of Directors: what constitutes a good corporate board?," Corporate Governance: An International Review, Wiley Blackwell, vol. 12(4), pages 461-478, October.
    11. Gavin J. Nicholson & Geoffrey C. Kiel, 2004. "A Framework for Diagnosing Board Effectiveness," Corporate Governance: An International Review, Wiley Blackwell, vol. 12(4), pages 442-460, October.
    12. Kevin Hendry & Geoffrey C. Kiel, 2004. "The Role of the Board in Firm Strategy: integrating agency and organisational control perspectives," Corporate Governance: An International Review, Wiley Blackwell, vol. 12(4), pages 500-520, October.
    13. Lex Donaldson & James H. Davis, 1994. "Boards and Company Performance ‐ Research Challenges the Conventional Wisdom," Corporate Governance: An International Review, Wiley Blackwell, vol. 2(3), pages 151-160, July.
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    Cited by:

    1. Nguyen, Thi Tuyet Mai, 2017. "An examination of independent directors in Vietnam," OSF Preprints ay6dv, Center for Open Science.
    2. Abdalla Shwairef & Azlan Amran & Mohammad Iranmanesh & Noor Hazlina Ahmad, 2021. "The mediating effect of strategic posture on corporate governance and environmental reporting," Review of Managerial Science, Springer, vol. 15(2), pages 349-378, February.
    3. Jacqueline Christensen & Pamela Kent & Jenny Stewart, 2010. "Corporate Governance and Company Performance in Australia," Australian Accounting Review, CPA Australia, vol. 20(4), pages 372-386, December.
    4. Zhang, Tianyu, 2022. "Independent directors and patenting strategies: Evidence from China," International Review of Financial Analysis, Elsevier, vol. 81(C).
    5. Le, Quyen & Vafaei, Alireza & Ahmed, Kamran & Kutubi, Shawgat, 2022. "Independent directors' reputation incentives and firm performance – an Australian perspective," Pacific-Basin Finance Journal, Elsevier, vol. 72(C).
    6. Yike Yu & Danting Cao & Zuogong Wang & Zaijie Zhang, 2021. "Does the fellow‐villager relationship between the independent director and the chairman of the board can inhibit the major shareholder expropriation? Evidence from China," Managerial and Decision Economics, John Wiley & Sons, Ltd., vol. 42(6), pages 1374-1393, September.
    7. Mitchell Bryce & Muhammad Jahangir Ali & Paul R. Mather, 2021. "Director expectations gap and hindsight bias," Accounting and Finance, Accounting and Finance Association of Australia and New Zealand, vol. 61(2), pages 2965-2996, June.
    8. Conan Hom & Danny Samson & Christina Cregan & Peter Cebon, 2022. "Director independence: Going beyond misaligned incentives to resource dependence," Australian Journal of Management, Australian School of Business, vol. 47(1), pages 53-78, February.
    9. Dinithi Ranasinghe & Paul Mather & Suzanne Young, 2020. "Board structure and earnings persistence: The mediation effect of board processes," Australian Journal of Management, Australian School of Business, vol. 45(2), pages 266-293, May.
    10. Pattarin Adithipyangkul & Tak Yan Leung, 2016. "Large Shareholders and Independent Director Equity Compensation," Australian Accounting Review, CPA Australia, vol. 26(2), pages 208-221, June.
    11. Conan L. Hom & Daniel Samson & Peter B. Cebon & Christina Cregan, 2021. "Inside the black box: an investigation of non-executive director activity through the lens of dynamic capability," Asia Pacific Journal of Management, Springer, vol. 38(3), pages 857-895, September.
    12. Jacqueline Christensen & Pamela Kent & James Routledge & Jenny Stewart & Gary Monroe, 2015. "Do corporate governance recommendations improve the performance and accountability of small listed companies?," Accounting and Finance, Accounting and Finance Association of Australia and New Zealand, vol. 55(1), pages 133-164, March.

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