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Attendance of board meetings and company performance: Evidence from Taiwan

Author

Listed:
  • Chou, Hsin-I
  • Chung, Huimin
  • Yin, Xiangkang

Abstract

This paper empirically investigates board meeting attendance and its effects on the performance of Taiwanese listed corporations. Directors with higher qualifications attend board meetings more often by themselves. The ownership of the largest shareholder of a company also has a positive effect on director’s own meeting attendance. High meeting attendance by directors themselves can enhance a firm’s performance but high attendance by their representatives has an adverse effect. Independence of directors or a board is also positively associated with firm performance. These results largely hold even when the sample is decomposed to count for different ownership structures and director types.

Suggested Citation

  • Chou, Hsin-I & Chung, Huimin & Yin, Xiangkang, 2013. "Attendance of board meetings and company performance: Evidence from Taiwan," Journal of Banking & Finance, Elsevier, vol. 37(11), pages 4157-4171.
  • Handle: RePEc:eee:jbfina:v:37:y:2013:i:11:p:4157-4171
    DOI: 10.1016/j.jbankfin.2013.07.028
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    1. repec:eee:corfin:v:50:y:2018:i:c:p:371-387 is not listed on IDEAS
    2. repec:eee:jbvent:v:33:y:2018:i:4:p:455-469 is not listed on IDEAS
    3. Pandey, Rakesh & Vithessonthi, Chaiporn & Mansi, Mansi, 2015. "Busy CEOs and the performance of family firms," Research in International Business and Finance, Elsevier, vol. 33(C), pages 144-166.

    More about this item

    Keywords

    Board meeting attendance; Family controlled firm; Ultimate shareholder; Firm performance;

    JEL classification:

    • G34 - Financial Economics - - Corporate Finance and Governance - - - Mergers; Acquisitions; Restructuring; Corporate Governance

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