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Impact of Multiple Directorships on Performance for Companies Listed on the Johannesburg Stock Exchange (JSE)

Impact of Multiple Directorships on Performance for Companies Listed on the Johannesburg Stock Exchange (JSE)
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摘要 The study investigates the plausible link between multiple directorships and company performance for Johannesburg Stock Exchange (JSE) listed companies in South Africa. This study also interrogates whether companies with busy boards perform better or worse than non over-boarded companies. The incidence of multiple directorship on JSE is low, therefore the hypothesis is rejected at 5%. Over-boarded company directors attend significantly less board meetings. The Pearson correlation between connectedness and log-transformed financial ratios is not significant between all the six financial ratios. The study finds no difference in performance between over-boarded and non over-boarded companies, and no association between multiple directorships and company performance.
出处 《Economics World》 2014年第6期378-387,共10页 经济世界(英文版)
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