Lead Directorship, Corporate Governance, And Firm Performance

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Title: Lead Directorship, Corporate Governance, And Firm Performance
Author: Ouyang, Bo
Abstract: This dissertation empirically explores the role of the lead directorship in the corporate governance system and strives to empirically examine the association between the lead directorship and firm performance . I measure firm performance by three empirical proxies : Tobin's Q , returns on assets (ROA ) and stock returns . I explore the research question on the relationship between lead directorship and firm performance in both cross -sectional and inter -temporal contexts . The sample consists of S & P 500 firms from 2001 to 2004 that have all the required financial , stock returns , and other relevant information . Overall , the empirical results of both cross -sectional and inter -temporal analyses indicate a positive association between lead directorship and firm performance .
URI: http : / /hdl .handle .net /10106 /633
Date: 2007-09-19

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Lead Directorship, Corporate Governance, And Firm Performance. Available electronically from http : / /hdl .handle .net /10106 /633 .

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