University of Southampton, Southampton SO17 1BJ, United Kingdom
Whether board structure is closely related to company performance has been a conflicting topic for more than 30 years. In this article, the characteristics of the board of directors' composition and corporate performance are examined using relevant literature, and the relationship between the two is sorted out using agency theory and management theory. The frequency of board meetings and the makeup of the board are also rigorously examined, as is the effect of gender analysis on business performance. According to the research for this paper, in order to ensure a stable and sustainable growth of the company's performance, the board of directors' size and composition must be modified in accordance with the company's various industries and levels of technological development. The dual role of CEO may be advantageous for some businesses that require short-term strategic development that moves quickly, while the drawbacks outweigh the benefits for those that require long-term solid strategic direction.
Board Characteristics; CEO Duality; Corporate performance
Wenxuan Ren. Analysis of the relationship between corporate board characteristics and corporate performance. Academic Journal of Business & Management (2023) Vol. 5, Issue 18: 46-51. https://doi.org/10.25236/AJBM.2023.051808.
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