What is it about?
The purpose of this paper is to explore the effect of board independence on firm’s performance from the Stewardship theory perspective.
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Why is it important?
The study contributes to the ongoing debate about the relation between board independence and firm's performance in emerging markets, focusing on Saudi and Bahraini markets which have recently sought to form a system of laws that aims at protecting investors. The study indicates the importance of such laws rather than traditional governance measurements in enhancing performance.
Perspectives
I hope this paper benefits researchers interested in corporate governance.
Dr Allam Hamdan
Ahlia University
Read the Original
This page is a summary of: The impact of board independence on accounting based performance: evidence from Saudi Arabia and Bahrain, Journal of Economic and Administrative Sciences, September 2017, Emerald,
DOI: 10.1108/jeas-03-2017-0012.
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