Bestyrelsessammensætning og finansiel performance i danske børsnoterede virksomheder


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Bestyrelsessammensætning og finansiel performance i danske børsnoterede virksomheder

Show simple item record Rose, Caspar en_US 2009-02-04T10:26:12Z 2009-02-04T10:26:12Z 2004-08-05T00:00:00Z en_US
dc.identifier.isbn 8790705777 en_US
dc.description.abstract Abstract: This article presents an empirical analysis of board composition and financial performance using a unique sample of Danish listed firms. In 2002, a group consisting of four prominent business leaders formulated Denmark’s own code of good corporate governance, entitled the Nørby report, The report consists of various recommendations aiming at strengthen Danish firms competitiveness and value creation including some specific recommendations concerning board composition. However, the analysis shows that none of the recommendations impact Tobin’s Q. Specifically, board size, proportion of insiders, positions held by board members in other firms do not significantly impact Tobin’s Q. The analysis only finds that the average age of the board has a significantly negative impact on performance. Board diversity, measured by the fraction of women and foreigners in boards as well as the educational background of board members does not impact performance either. en_US
dc.format.extent 38 s. en_US
dc.language dan en_US
dc.relation.ispartofseries Working paper;2004-002 en_US
dc.subject.other kep en_US
dc.title Bestyrelsessammensætning og finansiel performance i danske børsnoterede virksomheder en_US
dc.type wp en_US
dc.accessionstatus modt04aug05 miel en_US
dc.contributor.corporation Copenhagen Business School. CBS en_US
dc.contributor.department Center for Kreditret og Kapitalmarkedsret en_US
dc.contributor.departmentshort CKK
dc.contributor.departmentuk Centre for Financial Law en_US
dc.contributor.departmentukshort CKK
dc.idnumber 8790705777 en_US København en_US
dc.publisher.year 2004 en_US
dc.title.subtitle Er Nørbyrapportens anbefalinger til gavn for aktionærerne? en_US

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