| dc.description.abstract | This thesis examines the relationship between Responsibilities of Board and firm
performance. To examine mentioned relation, we develop an instrument to assess the
Board responsibilities practices that Based on the Asean corporate Governance Scorecard
which revised OECD Corporate Governance Principles. My sample includes 100 firms
listed on HOSE and HNX stock exchange.
Based on the extant literature, I develop a conceptual framework and a set of hypotheses to
examine the relationship between board Responsibilities and firm performance. This thesis
also follow Empirical analysis is undertaken by authors Yan-Leung Cheung, J.Thomas
Connelly, Piman Limpaphayom, Lynda Zhou from Chulalongkorn University, Thailand
and City University of Hong Kong. The findings of the study show that board
responsibilities were positively related with market based firm performance. On that
Background, the authors offer research model includes independent variables and control
variables, There is one explanatory variable which is the responsibility of the Board and
five control variables are firm size, financial leverage, board size, age of the Board of
Directors and the Number of women in the Board, All explanatory and control variables
are included in the analysis in order to determine the extent of their influence on the firm
performance through three dependent variable is ROE, ROA and MBratio.
The findings of the study show that board responsibilities were also positively related with
Market based firm performance, but there are no relation between Board responsibilities
and accounting based firm performance. The study contributes to the understanding how
important board-Responsibilities in corporate governance and its influence on firm
performance, therefore author recommend solutions to improve responsibilities of the
board as well as corporate governance practices in Vietnam. The findings of my thesis are
expected to stimulate scholars for further research to identify the Relation between board
responsibilities and firm performance.
Keywords: corporate governance, firm performance, Board responsibilities, the board of
directors , | en_US |
