Macquarie University ResearchOnline

Please use this identifier to cite or link to this item: http://hdl.handle.net/1959.14/90685

Title

The Role of the board of directors in corporate strategic decision-making : Australian evidence

Related

Asia Pacific Interdisciplinary Research in Accounting Conference (5th : 2007) (8 - 10 July 2007 : Auckland)

Related

Lawrence, Stewart and Milne, Markus J.. Proceedings of the fifth Asia Pacific Interdisciplinary Research in Accounting Conference

Related

http://www.mngt.waikato.ac.nz/ConferenceManager/articles/5/346-Chen%20Dyball%20Wright.doc

Publisher

Auckland : APIRA 2007 Organising Committee

Date

2007

FoR/RFCD Code(s)

150100 Accounting, Auditing and Accountability

Author/Creator

Chen, Rongrong

Author/Creator

Dyball, Maria Cadiz

Author/Creator

Wright, Sue

Description

This study explores the role of the board of directors in corporate strategic decision-making in Australia. In particular, it investigates the association between board composition and corporate diversification. Based on a random sample of 101 Australian publicly listed firms for the financial year ended 2005, this study finds that board composition (in terms of inside and outside directors) is not associated with corporate decisions on product and/or geographic diversification. A similar result is found for boards with more interlocking directors and institutional representatives. A number of implications on corporate governance are drawn from these findings.

Description

36 page(s)

Subject Keyword

150100 Accounting, Auditing and Accountability

Resource Type

conference paper

Organisation

Macquarie University. Dept. of Accounting and Finance

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Identifier

http://hdl.handle.net/1959.14/90685

Identifier

mq-rm-2007002175

Language

eng

Reviewed

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Subject

"Proceedings of the fifth Asia Pacific Interdisciplinary Research in Accounting Conference"

 

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