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The Impact of Leadership Structure Characteristics on Performance Indicators within the Technology Sector of S&P 500 Component Companies

Author

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  • Ana-Gabriela RUSU

    (Bucharest University of Economic Studies)

Abstract

Corporate governance is becoming increasingly important. This is evidenced by the various issues of major companies coming to light as people pay more attention to CSR concepts. Scandals such as those arising from questionable practices of large companies like Wells Fargo, Equifax, Enron, and many others have raised questions about the effectiveness of corporate governance mechanisms. This has led to stricter laws and the introduction of new regulations aimed at improving these mechanisms. Thus, the purpose of the study is to analyse the influence that leadership structure characteristics have on financial performance. The empirical analysis is based on 39 technology companies, components of the S&P 500 Index. The research relies on panel data analysis over a period of 12 years (2011-2022). The results show that the characteristics of leadership structures impact the economic and financial profitability rates of technology companies within the S&P 500 Index.

Suggested Citation

  • Ana-Gabriela RUSU, 2024. "The Impact of Leadership Structure Characteristics on Performance Indicators within the Technology Sector of S&P 500 Component Companies," CECCAR Business Review, Body of Expert and Licensed Accountants of Romania (CECCAR), vol. 5(6), pages 68-76, June.
    • Handle: RePEc:ahd:journl:v:5:y:2024:i:6:p:68-76
    DOI: 10.37945/cbr.2024.06.07
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    References listed on IDEAS

    as
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    2. Patti Cybinski & Carolyn Windsor, 2013. "Remuneration committee independence and CEO remuneration for firm financial performance," Accounting Research Journal, Emerald Group Publishing Limited, vol. 26(3), pages 197-221, November.
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    More about this item

    Keywords

    CEO duality; gender diversity; board size; independency; compensation committee; leverage; ROA; ROE; technology sector; USA; S&P 500;
    All these keywords.

    JEL classification:

    • C4 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods: Special Topics
    • G34 - Financial Economics - - Corporate Finance and Governance - - - Mergers; Acquisitions; Restructuring; Corporate Governance
    • H32 - Public Economics - - Fiscal Policies and Behavior of Economic Agents - - - Firm
    • N22 - Economic History - - Financial Markets and Institutions - - - U.S.; Canada: 1913-

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