BOARD MEETING FREQUENCY AND FINANCIAL PERFORMANCE: A CASE OF LISTED FIRMS IN VIETNAM

被引:0
|
作者
Le Thi My Hanh [1 ]
Ting, Irene Wei Kiong [2 ]
Kweh, Qian Long [3 ]
Lam Thi Hoang Hoanh [1 ]
机构
[1] Ton Duc Thang Univ, Ho Chi Minh City, Vietnam
[2] Univ Putra Malaysia, Serdang, Malaysia
[3] Canadian Univ Dubai, Dubai, U Arab Emirates
来源
关键词
Board meeting frequency; Firm performance; Regression analysis; Listed firms; Vietnam;
D O I
暂无
中图分类号
F [经济];
学科分类号
02 ;
摘要
This study investigates the effect of board meeting frequency on the financial performance of listed firms in a fiscal year. We use 94 firms listed on Ho Chi Minh Stock Exchange from 2013 to 2015. Financial performance is measured as returns on asset, equity and sales. Results show that board meeting frequency exerts a negative effect on the financial performance of the sample firms. High board meeting frequency equates to low returns on asset, equity and sales. Overall, the quality of board meetings is an important factor that contributes to financial performance.
引用
收藏
页码:464 / 472
页数:9
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