{"title":"L'Impact de l'Indépendance et de la dualité du Conseil d'Administration sur la Performance des Entreprises : Application au Contexte Américain","authors":"Houssem Rachdi , Moez El Gaied","doi":"10.1016/S1999-7620(09)70018-7","DOIUrl":null,"url":null,"abstract":"<div><p>The aim of this paper is to study the relationship between the characteristics of board of directors and firm performance in a sample of 100 american firms, over the period 2001–2003. We particularly focus on board independence and CEO duality. Our results indicate a positive impact of board independence on the firm performance. We also find a negative relationship between CEO duality and performance. Finally we can indicate that Results of our empirical test fail to support stewardship theory and provide support for agency theory.</p></div>","PeriodicalId":101135,"journal":{"name":"Revue Libanaise de Gestion et d'économie","volume":"2 3","pages":"Pages 127-150"},"PeriodicalIF":0.0000,"publicationDate":"2009-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1016/S1999-7620(09)70018-7","citationCount":"8","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Revue Libanaise de Gestion et d'économie","FirstCategoryId":"1085","ListUrlMain":"https://www.sciencedirect.com/science/article/pii/S1999762009700187","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"","JCRName":"","Score":null,"Total":0}
引用次数: 8
Abstract
The aim of this paper is to study the relationship between the characteristics of board of directors and firm performance in a sample of 100 american firms, over the period 2001–2003. We particularly focus on board independence and CEO duality. Our results indicate a positive impact of board independence on the firm performance. We also find a negative relationship between CEO duality and performance. Finally we can indicate that Results of our empirical test fail to support stewardship theory and provide support for agency theory.