Preprint
Article
Empirical Study on the Relationship Between Board Size and Corporate Performance
This version is not peer-reviewed.
Submitted:
02 February 2025
Posted:
04 February 2025
You are already at the latest version
Abstract
Board size is an important component of corporate governance. This study selects data from 55 listed companies in the automotive industry with beta values close to 1 from 2012 to 2024 for empirical research, analyzing the relationship between board size and corporate performance, as well as the main factors influencing board size. The results show that board size is positively correlated with corporate performance, and board size is mainly influenced by environmental characteristics, firm size, development stage, and internal board structure. Based on empirical data, the maximum board size is calculated to be 11 members
Keywords:
Board size; corporate performance; panel data model
Subject:
Business, Economics and Management - Econometrics and StatisticsCopyright: This open access article is published under a Creative Commons CC BY 4.0 license, which permit the free download, distribution, and reuse, provided that the author and preprint are cited in any reuse.
Altmetrics
Downloads
19
Views
26
Comments
0
Subscription
Notify me about updates to this article or when a peer-reviewed version is published.
MDPI Initiatives
Important Links
© 2025 MDPI (Basel, Switzerland) unless otherwise stated