Determinants for the composition of the board of directors in SMEs: evidence from Brazil
The objective of this study was to analyse the determinants for the composition of board of directors of publicly traded SMEs in ABC region of Metropolitan Sao Paulo. The study is of great relevance in Brazil in that, it contributes to solve problem of lack of publications. Similar studies analysed the sizes and types of boards, financial performance, independence and none of them focused on composition of the boards in SMEs. In light of this, we question which factors were determinant for the composition of the board of directors of private publicly traded SMEs? We surveyed 60 enterprises from the industrial association of ABC region of which 20 were our respondents. Our findings make us conclude that the main determinants for the composition of the board of directors in private publicly traded SMEs in the ABC region of Metropolitan Sao Paulo are the CEOs and life cycle of the enterprise.
If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.
Volume (Year): 1 (2010)
Issue (Month): 4 ()
|Contact details of provider:|| Web page: http://www.inderscience.com/browse/index.php?journalID==357|
When requesting a correction, please mention this item's handle: RePEc:ids:ijecac:v:1:y:2010:i:4:p:331-348. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Darren Simpson)
If references are entirely missing, you can add them using this form.