University of Tasmania
Browse

File(s) under permanent embargo

Board Leadership: Antecedents and Performance Outcomes

journal contribution
posted on 2023-05-16, 23:19 authored by Wang, Yi, Clift, RC
In this paper several theories, which make different predictions about the effect of board leadership structure on firm performance, are tested. The results indicate that, for Australian listed companies, there is no strong relationship between leadership structure and subsequent performance. It is reported that. companies with higher blockholder ownership or lower managerial shareholdings tend to have an affilIated chairman; firm with higher managerial shareholdings tend to have an executive ch~irman. The evidence suggests that there is no one optimal leadership structure; each structure, w~Ich. C?uld be an outcome of a rational choice process influenced by other governance characteristics of mdIVIdual firms, may have associated costs and benefits.

History

Publication title

Corporate Ownership & Control

Volume

6

Pagination

61-72

ISSN

1727-9232

Department/School

TSBE

Publisher

Virtus InterPress

Place of publication

Ukraine

Repository Status

  • Restricted

Socio-economic Objectives

Preference, behaviour and welfare

Usage metrics

    University Of Tasmania

    Exports

    RefWorks
    BibTeX
    Ref. manager
    Endnote
    DataCite
    NLM
    DC