This paper investigates the relationship between board gender diversity and financial performance. Previous work in this area has focused on providing evidence for a direct link between the two factors, which has resulted in mixed, inconclusive evidence. This study includes corporate social responsibility as a moderating influence on this relationship. The dataset consists of 5,077 firm-year observations with 839 firms present. The study was done with data from six emerging markets as identified by S&P Dow Jones Global Equity Index Series. The results indicate a positive interaction between board gender diversity and a firm’s corporate social responsibility engagement and a strong positive association between corporate social responsibility engagement and financial performance.

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The major purpose of this study was to study the perceptions and expectations of school board members regarding turnover in the superintendency of the public school systems. Data were gathered regarding the frequency of superintendency turnover and compared to board turnover. The study sought to collect data concerning board satisfaction with the superintendent, priority issues the board expected the superintendent to address, the kind of experience board members preferred in their superintendent, the ideal length of superintendency tenure, and at what point school board members think that a superintendent's contract should be terminated. These data were then crosstabbed with selected demographic variables. Descriptive research methodology was utilized in this study. A nationwide sample of school board members was identified from a list of 53,247 board members provided by the National School Boards Association. The study was completed using a stratified random sampling technique by state. Of the 94,716 board members in the population, 11,992 or 12.6% were surveyed. The response rate was 18%. The study was sponsored by The American School Board Journal, published by the National School Boards Association, the national professional organization for school board members in the United States. / Ed. D.

Background: The existing body of research on corporate governance has thoroughly investigated the function of external directors in large, publicly traded companies, predominantly from the perspective of agency theory. Nevertheless, research on non-executive directors in SMEs, especially in countries other than the U.S is relatively few. As SMEs encounter unique difficulties as a result of their informal ownership arrangements and reduced legal obligations in comparison to publicly traded firms, it provides an opportunity for further analysis.  Purpose: The purpose of this thesis is to explore the influence of contingency factors on external directors. Further, the purpose is to explain the self-perception of external directors’ roles, and therefore be able to scrutinize and validate if external directors perceive to engage in similar roles as identified in the public context.  Method: This study adopts a epistemological positivist stance along with a deductive approach to quantitatively explore and explain how external directors' perceptions of their board role are contingent on certain factors. A survey is used to collect data, where the data is analyzed by employing Spearman correlation and multiple linear regression.  Conclusion: The findings of this thesis suggests that that external directors’ perception of the control, strategic and the combinatory multi-perspective role is affected by ownership, number of external directors in the board, business life cycle and size of firm that could explain variances in the support for these roles. The thesis also found support for both agency theory and RDT, however, the study did not found support for the contingencies developed to explore external directors service role.

This study will endeavor to present an analysis of the process in which the National Labor Relations Board gave specific meaning to "interfere with, restrain or coerce" found in section 8(1) of the National Labor Relations Act of 1935. Under Section 8(1) of the Act, the Labor Board, subject to judicial review, has the authority to declare illegal any management procedure which in its opinion involves interference, restraint or coercion.

The degree to which a country’s public entities observe basic principles of good corporate governance is an increasingly important factor for attracting investment capital, maintaining economic stability and encouraging growth. Zimbabwe is faced with the challenge of restructuring for greater efficiency and creating an investment-friendly environment, therefore practicing good corporate governance in public entities is crucial for success and economic growth. As business entities, public entities need to be managed effectively by a competent board, which is able to construct and implement strategies that are in the best interests of the entity and all stakeholders. This study focuses on the corporate governance initiatives, laws and regulations aimed at enhancing the effectiveness of boards of public entities in Zimbabwe. The key question addressed is whether or not the corporate governance initiatives and legal and regulatory reforms in Zimbabwe are sufficient to enable boards of public entities to effectively discharge their duties and meet internationally accepted corporate governance standards. A comparative analysis of Zimbabwe’s public entities corporate governance framework to that of South Africa (a developing country like Zimbabwe) and Australia (a developed country with similar common law heritage) is also conducted. Recommendations are made on how best to enhance the effectiveness of boards of public entities in order to promote good corporate governance practices in Zimbabwean public entities. The research established that the existing corporate governance framework has not been effective in improving the effectiveness of Zimbabwe public entity boards due to lack of commitment and consistency, political interference, weak enforcement mechanisms, corruption and general disregard for the rule of law. The research found that South Africa and Australia have performed better than Zimbabwe in terms of creating conducive environments for boards of public entities to effectively discharge their duties. To improve the effectiveness of public entity boards, it was found that boards should be properly empowered, government intervention should be minimised, board appointment processes should be transparent and merit-based, boards should be properly composed, board remuneration should be fair and performance related, the performance of the board should be regularly evaluated and effective enforcement mechanisms should be put in place. / Mercantile Law / LL. D.

In Sweden all limited liability companies are required to have a board of directors. The board of directors’ task is to manage the business of the firm, but in recent years boards have been subjected to critical review in the media, questioning the tasks and structure of the board. Further, there are differences in the regulations regarding limited liability companies, depending on whether they are private or public companies. Moreover, a majority of the research within the area of corporate governance has been conducted on public companies. However, corporate governance in small and medium sized enterprises (SME) has in the last 30 years become a field of interest. Several scholars and doctorates have used different board roles to explain e.g. the tasks, demographics, and financial performance. The board roles are mainly derived from the agency-, resource dependence-, and stewardship theory. Many papers have come to the conclusion that a board of directors who performs their task, and/or have a certain board demography is beneficial to the firm. Hence, the board and its activity is of importance, however, a general image is conveyed that boards in SMEs rarely are active, but rather are seen as a necessary mean in order to have a firm. Due to this, the research question in this thesis is: What motivates small and medium sized firms to have an active board and are boards in Norr- and Västerbotten active? The criteria for having an active board has been derived from antecedent research and are further recommendations from StyrelseAkademien. Three different board roles have been used with the purpose of explaining the motivation behind having an active board. Further, this thesis has had a quantitative method, and in order to gather data a survey was sent out to board members in Norr- and Västerbotten. The results show that the motivation behind having an active board cannot be explained through the roles network and service of the board. The control role could partly explain the motivation behind having an active board of directors in SMEs in Norr- and Västerbotten, having a negative relationship to board activity. Moreover, due to the opposing results in terms of whether or not boards are active, an unambiguous answer could not be found. However, 49.1 percent of the sample is considered to be active. Lastly, the finding support that in order to have an active board, the firm must recognize a need to include outside directors.

The Outline of the development and history of a board game. The Mapping of the contemporary situation in the field of board games. Cultural, social and psychological aspects of playing board games. Defence of the stand that board games are not marginal subject beside modern sorts of amusement e.g. computer games. The Classification of modern board games with regard to their dominant cultural background and origin. The sociological survey on board games and motivation to their playing in the subculture of players 10-15years old. The Analysis of the survey and a search of basic categories of associated motivations for positive relation to board games and their playing. More detailed view on reasons why people do not want to play board games. The Analysis of players' fellowship. The practical application of board games (like general educative tool, a tool in the scope of teambuilding and human resources or else expert diagnostics and therapy). Keywords a subculture of players, a modern classification of a game, a board game, a table game, the history of board games

This dissertation consists of three essays examining the relation between corporate governance and firm performance. The theme of this study is that the widely documented long-term underperformance in equity carve-outs can be partly explained by weak corporate governance. The first essay presented in Chapter 2 explores the effect of shareholder-rights protection on the performance of a sample of firms that initiated a carve-out during the period 1983-2004. Using the Gompers, Ishii, and Metrick (2003) index and Bebchuk, Cohen, and Ferrell (2004) entrenchment index, as proxies for the quality of shareholder-rights protection, I provide evidence that firms with better shareholder rights protection outperform those with weaker rights protection. Results indicate that the weaker the rights protection, the greater the degree of underperformance. Overall, the results are robust to measures of firm performance and to model specification. The second essay presented in Chapter 3 examines the relation between firm performance and board structure. In particular, I study how board size, board independence, and CEO duality influence firm performance. I find that board size for non-financial firms is negatively related to firm performance but positively associated with performance for financial firms. Board independence is positively related to firm performance and CEO duality is negatively associated with performance for both financial and non-financial firms. These results are robust to various measures of firm performance. The conflicting evidence on board size, between financials and non-financials, seems to suggest that the scope and complexity of a firm.s operations drives board size. The third essay presented in Chapter 4 investigates corporate ownership and firm performance. I focus on insider ownership, outside blockholder ownership, and ownership concentration. Results show that insider ownership is negatively related to firm performance even at low levels of insider ownership levels. It is plausible that the combination of parent ownership and management ownership in the subsidiary exacerbate the entrenchment effect thus overwhelming the incentive alignment effects that theory posits. I document a positive relation between outside blockholder ownership and firm performance. And finally, I show that the level of ownership concentration increases (decreases) in anticipation of positive (negative) changes in firm performance.