dc.contributor.author | Andrés Alonso, Pablo de | |
dc.contributor.author | Rodríguez, Juan Antonio | |
dc.contributor.other | UAM. Departamento de Financiación e Investigación Comercial | es_ES |
dc.date.accessioned | 2015-07-10T11:25:24Z | |
dc.date.available | 2015-07-10T11:25:24Z | |
dc.date.issued | 2011-11-01 | |
dc.identifier.citation | The Spanish Review of Financial Economics 9.2 (2011) 69–79 | en_US |
dc.identifier.issn | 2173-1268 | |
dc.identifier.uri | http://hdl.handle.net/10486/667344 | en |
dc.description.abstract | Evidence concerning the impact of boards on firms’ governance and performance remains controversial. We explore the issue of
board effectiveness by examining the supervisory role boards play and their advisory function. We examine the importance of
these two roles in high technology contexts and control for the endogenous nature of the representative variables in boards. Our
paper uses a sample of European firms to highlight that in high-tech industries the advisory function of boards provides higher
explanatory power for performance than does the monitoring function, and that larger and less independent boards may improve
governance and consequently enhance performance. | en_US |
dc.description.sponsorship | Financial support from the Education Ministry at the Regional Government of Castilla y Leon (GR144) | en_US |
dc.format.extent | 12 pag. | |
dc.format.mimetype | application/pdf | en |
dc.language.iso | eng | |
dc.publisher | Elsevier España, S.L.U | es_ES |
dc.relation.ispartof | The Spanish Review of Financial Economics | en_US |
dc.rights | © 2011 Asociación Española de Finanzas. Published by Elsevier España, S.L.U. All rights reserved. | |
dc.subject.other | Corporate governance | en_US |
dc.subject.other | Board of directors | en_US |
dc.subject.other | Monitoring and advising functions | en_US |
dc.subject.other | GMM | en_US |
dc.subject.other | System estimator | en_US |
dc.title | Corporate boards in high-tech firms | en_US |
dc.type | article | en_US |
dc.subject.eciencia | Economía | es_ES |
dc.subject.eciencia | Empresa | es_ES |
dc.relation.publisherversion | http://dx.doi.org/10.1016/j.srfe.2011.09.001 | |
dc.identifier.doi | 10.1016/j.srfe.2011.09.001 | |
dc.identifier.publicationfirstpage | 69 | |
dc.identifier.publicationissue | 2 | |
dc.identifier.publicationlastpage | 79 | |
dc.identifier.publicationvolume | 9 | |
dc.type.version | info:eu-repo/semantics/acceptedVersion | en |
dc.rights.cc | Reconocimiento – NoComercial – SinObraDerivada | es_ES |
dc.rights.accessRights | openAccess | es_ES |
dc.facultadUAM | Facultad de Ciencias Económicas y Empresariales | |