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Multiple directorships and board meeting frequency: evidence from France

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  • S. Baccouche
  • M. Hadriche
  • A. Omri

Abstract

This article examines the relationship between multiple directorships of directors and board meeting frequency. Precisely, using an ordered probit model, we empirically investigated the effect of accumulation of outside directorships by directors on board meeting frequency. The research sample is composed of 90 nonfinancial French-listed firms that belong to the SBF 120 index, over the period 2008 to 2010. The results suggest that multiple directorships by board members are positively associated with board meeting frequency. So, the findings indicate that the accumulation of outside directorships by directors may motivate the board of directors to meet more frequently.

Suggested Citation

  • S. Baccouche & M. Hadriche & A. Omri, 2014. "Multiple directorships and board meeting frequency: evidence from France," Applied Financial Economics, Taylor & Francis Journals, vol. 24(14), pages 983-992, July.
    • Handle: RePEc:taf:apfiec:v:24:y:2014:i:14:p:983-992
    DOI: 10.1080/09603107.2014.920475
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    3. Khar Mang Tan & Fakarudin Kamarudin & Bany-Ariffin Amin Noordin & Norhuda Abdul Rahim, 2019. "Firm Efficiency of East Asia Countries: The Impact of Board Busyness," Vision, , vol. 23(2), pages 111-124, June.
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    5. Melinda Cahyaning Ratri & Iman Harymawan & Khairul Anuar Kamarudin, 2021. "Busyness, Tenure, Meeting Frequency of the CEOs, and Corporate Social Responsibility Disclosure," Sustainability, MDPI, vol. 13(10), pages 1-22, May.

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