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Board effectiveness, conglomerate diversification, and firm performance: the tunisian case

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  • walid mensi

    (Faculty of Management and Economic Sciences of Tunis, Tunisia, El Manar University)

Abstract

In this paper we explore the link between board structure and firm performance for twenty-eight non-banking companies listed on Tunis Stock Exchange over the period 1997-2003. Our empirical results corroborate previous studies making in Tunisia. Furthermore, conglomerate diversification destroys the effectiveness of governance board and therefore negatively associated to the corporate performance.

Suggested Citation

  • walid mensi, 2012. "Board effectiveness, conglomerate diversification, and firm performance: the tunisian case," Economics Bulletin, AccessEcon, vol. 32(1), pages 1-2.
    • Handle: RePEc:ebl:ecbull:eb-12-00039
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    File URL: http://www.accessecon.com/pubs/EB/2012/Volume32/EB-12-V32-I1-A2.pdf
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    JEL classification:

    • G3 - Financial Economics - - Corporate Finance and Governance

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