Is A Supervisory Board Valuable? The French Evidence
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.
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|Date of creation:||1997|
|Contact details of provider:|| Postal: U.S.A.; Johns Hopkins University, American Institute for Contemporary German Studies. 1400 16th Street, N.W. Suite 420 Washington, D.C. 20036-2217|
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