| dc.description.abstract | The purpose of this study is to determine the relationship between board
characteristics and firm performance of Vietnamese listed companies with the total
observation is 100 companies chosen from Ho Chi Minh Stock exchange (HOSE).
Based on previous study indicated in literature review chapter, the conceptual
framework is developed for investigating the relationship between board characteristics
and firm performance measured by ROA and ROE factors. Independent variables in this
study combined of board size, board genders, number of outside directors, directors
„shareholding, board meetings, board meetings‟ attendance, board tenure, CEO duality
and internal audit committee size. To test the hypotheses, multiple regression analysis of
Eviews 8.0 is utilized. Based on the result from this analysis, board size, board gender,
board meetings‟ attendance, internal audit committee size and two control variables that
are firm size and leverage have significant effect on firm performance while the others
have found insignificant relationship.
This study will bring many guild lines for shareholders, stakeholders in
choosing the best board serving for the company based on the relationship between these
chosen characteristics of the board of directors and firm performance. Moreover, based
on the result from this study, many problems regarding to the board such as agency
problems can be solved with the best way. Finally, this research also proposes
recommendations for further researches.
Keywords: corporate governance, board of directors, firm performance. | en_US |
