Board effectiveness, conglomerate diversification, and firm performance: the tunisian case

In this paper we explore the link between board structure and firm performance for twenty-eight non-banking companies listed on Tunis Stock Exchange over the period 1997-2003. Our empirical results corroborate previous studies making in Tunisia. Furthermore, conglomerate diversification destroys the effectiveness of governance board and therefore negatively associated to the corporate performance.

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Year of publication:	2012-01-13
Authors:	mensi, walid
Published in:	Economics Bulletin. - AccessEcon, ISSN 1545-2921. - Vol. 32.2012, 1, p. 2-2
Publisher:	AccessEcon

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Extent:	application/pdf
Type of publication:	Article
Classification:	G3 - Corporate Finance and Governance
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10010629619