☰ Category

Board Independence and Firm Performance


Marketed By :  LAP LAMBERT Academic Publishing   Sold By :  Kamal Books International  
Delivery in :  10-12 Business Days


Check Your Delivery Options

Rs. 5,886

Availability: In stock

  • Product Description

From 2003, Australian listed companies have been subject to new corporate governance guidelines, which identify independent directors as a key component of effective governance. It is found that these recommendations are based on the Anglo-Saxon model, whose focus is on the agency conflict between managers and shareholders. Unquestioned acceptance of overseas practice, however, may result in proposals for regulatory reform which are not suited to the local environment; the regulatory requirements imposed on companies may add to the compliance costs for these companies, and, indirectly, their shareholders. It may be necessary to ask whether the costs of imposing governance regulations on all listed companies would be outweighed by the benefits. As the first Australian study which presents direct evidence on the consequences of a recently altered regulatory environment with respect to board composition and structure, this book may provide some feedback to the regulatory authorities, corporations, investors and other stakeholders in Australia and elsewhere about the effect of such recommendations on company performance.

Product Specifications
SKU :COC48338
AuthorYi Wang
Number of Pages224
Publishing Year2010-09-13T00:00:00.000
Edition1 st
Book TypeEconomics
Country of ManufactureIndia
Product BrandLAP LAMBERT Academic Publishing
Product Packaging InfoBox
In The Box1 Piece
Product First Available On ClickOnCare.com2015-04-08 00:00:00
0 Review(s)