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Do the board of directors composition and the board interlocking influence on performance?

Delci Grapégia Dal Vesco, Ilse Maria Beuren
e160007
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Abstract:

This study analyzes the influence of composition of the Board of Directors and their social relations (board interlocking) on performance of Brazilian companies. A descriptive study based on documentary research was conducted with a total of 1,163 companies' observations and 18,119 standardized observations regarding directors. Simultaneous equations were applied to the data analysis. The survey results showed that, regarding the influence of composition of the Board of Directors on the...

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