首页> 外文期刊>International Journal of Accounting and Economics Studies >What characteristics of board of directors affect Indonesian bank performance?
【24h】

What characteristics of board of directors affect Indonesian bank performance?

机译:董事会的哪些特征会影响印尼的银行业绩?

获取原文
           

摘要

The sustainability of a firm is determined by the effectiveness of its board of directors. Hambrick and Mason’s Upper Echelon theory states that management characteristics could predict organizational outcomes. This study examines the effects of the characteristics of board of directors on the performance of publicly-traded banks in Indonesia. The measures of board characteristics are educational attainment, presence of independent directors, employment of foreign directors, compensation of directors, and age of directors. Our 58 firm-year observations from 2014-2015 were analyzed using fixed effects model. We find evidence that bank profitability is (i) positively affected by doctorate education of board members and (ii) negatively affected by remuneration of top executives. Based on our findings, we would suggest corporations to: comply with governmental regulations regarding the employment of independent directors, align the interest between principals and agents to eliminate agency problem, and accommodate board members with scholarships designated for academic development.
机译:公司的可持续性取决于其董事会的有效性。汉布里克和梅森的上层梯队理论指出,管理特征可以预测组织成果。这项研究探讨了董事会特征对印度尼西亚上市银行业绩的影响。董事会特征的衡量标准包括学历,独立董事的存在,外国董事的聘用,董事的报酬和董事的年龄。使用固定效应模型分析了我们2014年至2015年的58个公司年度观察结果。我们发现有证据表明银行的盈利能力(i)受到董事会成员的博士学位教育的积极影响,以及(ii)受高管人员薪酬的负面影响。根据我们的发现,我们建议公司:遵守有关雇用独立董事的政府法规,使委托人和代理人之间的利益保持一致,以消除代理人问题,并为董事会成员提供专门用于学术发展的奖学金。

著录项

相似文献

  • 外文文献
  • 中文文献
  • 专利
获取原文

客服邮箱:kefu@zhangqiaokeyan.com

京公网安备:11010802029741号 ICP备案号:京ICP备15016152号-6 六维联合信息科技 (北京) 有限公司©版权所有
  • 客服微信

  • 服务号