Board process attributes and company performance of family-owned businesses in Turkey

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Article

Board process attributes and company performance of family-owned businesses in Turkey

Veysel Kula and Ekrem Tatoglu - Nama Orang;

Abstract
Purpose – This paper aims to investigate the relationship between board process attributes and company performance of family-owned companies within an emerging country context.
Design/methodology/approach – A survey questionnaire was developed and conducted on a sample of privately-held Turkish companies where a total of 386 usable questionnaires were returned. From the original data set a sub-sample of 266 firms with majority family ownership was created. Based on the extant literature, a set of 18 directors’ collective attributes and 15 directors’ individual attributes were identified as potentially relevant for company performance. Relying on the perceptions of the respondents, multiple subjective measures of company performance were adopted.
Findings – Company performance is found to be positively related to the directors’ collective and individual attributes which are associated with access to information, effectiveness of board,
observance of fiduciary responsibility and performance evaluation. Practical implications – The essential implication of the study for establishing a desirable board climate is the necessity of having a keen focus on information. Sticking to fiduciary responsibility and application of performance evaluations are also indispensable attributes of high performance companies. These attitudes all combined seem to culminate in effective board proces

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IPC Corporate University Library ATC PO VEY a

ATC160074115

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Informasi Detail

Judul Seri: Board process attributes and company performance of family-owned businesses in Turkey
No. Panggil: ATC PO VEY a
Penerbit: Turkey : Emerald Insight., 2010
Deskripsi Fisik: 13 halaman
Bahasa: English
ISBN/ISSN: -
Klasifikasi: ATC
Tipe Isi: -
Tipe Media: -
Tipe Pembawa: online resource
Edisi: Corporate Governance: The international journal of
Subjek: Office Management
Conflict Management
Port Management
Info Detail Spesifik: 13 halaman
Pernyataan Tanggungjawab: Veysel Kula and Ekrem Tatoglu

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