Board Composition and Performance of Tourism Firms: Evidence from Panel Data of Listed Tourism Firms in China
This paper investigates the impact that board composition has on firm performance in a sample of listed tourism firms in China during the period 1992-2009. The results show that there is significantly negative relationship between Tobins Q and CEO duality, while there is no statistically significant relationship between ROA and CEO duality. Board size has strong negative impacts on both Tobins Q and ROA, while board independence has positive influence on both Tobins Q and ROA of tourism firms.
Qing-mei TAN Wei-wei GONG Ming-ze MA
College of Management and Economics, Tianjin University, Tianjin, China
国际会议
长春
英文
1348-1352
2011-09-03(万方平台首次上网日期,不代表论文的发表时间)