The Impact of Academic Titles of Board Member and Directors Over the Performance of Companies Traded at B3
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| Formato: | Artículo científico |
| Lenguaje: | en |
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FUCAPE Business School
2021
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| _version_ | 1876469497124093952 |
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| author | Marcelo Perlin |
| author_facet | Marcelo Perlin |
| contents | The Impact of Academic Titles of Board Member and Directors Over the Performance of Companies Traded at B3 Marcelo Perlin Guilherme Kirch Daniel Vancin Mauro Mastella Administración y Contabilidad board composition Corporate governance financial performance academic qualifications Previous studies show that the academic qualification of directors affects the performance and risk of companies. However, such evidence is based on a restricted set of information regarding the academic background and scientific output of directors. In this paper we investigate whether the academic titles of directors and board members impact the performance of publicly traded companies. The sample comprises 133 non-financial companies, from 2010 to 2018, consolidating information extracted from the financial exchange and the Lattes platform. Our results show that academics are more common on large boards of publicly controlled companies. Overall, the estimation results do not provide convincing evidence for the impact of academics over corporate performance. However, particularly, we see that only the presence of doctors with degrees obtained abroad affects positively the profitability and negatively the risk of the studied companies. Other academic attributes of the board impacted companies’ risk but not their profitability. 2021 artículo científico 1807-734X https://www.redalyc.org/articulo.oa?id=123075328005 https://www.redalyc.org/journal/1230/123075328005/ https://www.redalyc.org/journal/1230/123075328005/html/ https://www.redalyc.org/journal/1230/123075328005/123075328005.epub https://www.redalyc.org/journal/1230/123075328005/movil http://dx.doi.org/10.15728/bbr.2021.18.5.5 en http://www.redalyc.org/revista.oa?id=1230 BBR - Brazilian Business Review application/pdf FUCAPE Business School BBR - Brazilian Business Review (Brasil) Num.5 Vol.18 |
| format | Artículo científico |
| id | redalyc_123075328005 |
| institution | Redalyc |
| language | en |
| publishDate | 2021 |
| publisher | FUCAPE Business School |
| spellingShingle | The Impact of Academic Titles of Board Member and Directors Over the Performance of Companies Traded at B3 Marcelo Perlin Administración y Contabilidad board composition Corporate governance financial performance academic qualifications The Impact of Academic Titles of Board Member and Directors Over the Performance of Companies Traded at B3 Marcelo Perlin Guilherme Kirch Daniel Vancin Mauro Mastella Administración y Contabilidad board composition Corporate governance financial performance academic qualifications Previous studies show that the academic qualification of directors affects the performance and risk of companies. However, such evidence is based on a restricted set of information regarding the academic background and scientific output of directors. In this paper we investigate whether the academic titles of directors and board members impact the performance of publicly traded companies. The sample comprises 133 non-financial companies, from 2010 to 2018, consolidating information extracted from the financial exchange and the Lattes platform. Our results show that academics are more common on large boards of publicly controlled companies. Overall, the estimation results do not provide convincing evidence for the impact of academics over corporate performance. However, particularly, we see that only the presence of doctors with degrees obtained abroad affects positively the profitability and negatively the risk of the studied companies. Other academic attributes of the board impacted companies’ risk but not their profitability. 2021 artículo científico 1807-734X https://www.redalyc.org/articulo.oa?id=123075328005 https://www.redalyc.org/journal/1230/123075328005/ https://www.redalyc.org/journal/1230/123075328005/html/ https://www.redalyc.org/journal/1230/123075328005/123075328005.epub https://www.redalyc.org/journal/1230/123075328005/movil http://dx.doi.org/10.15728/bbr.2021.18.5.5 en http://www.redalyc.org/revista.oa?id=1230 BBR - Brazilian Business Review application/pdf FUCAPE Business School BBR - Brazilian Business Review (Brasil) Num.5 Vol.18 |
| title | The Impact of Academic Titles of Board Member and Directors Over the Performance of Companies Traded at B3 |
| topic | Administración y Contabilidad board composition Corporate governance financial performance academic qualifications |
| url | https://www.redalyc.org/articulo.oa?id=123075328005 https://www.redalyc.org/journal/1230/123075328005/ https://www.redalyc.org/journal/1230/123075328005/html/ https://www.redalyc.org/journal/1230/123075328005/123075328005.epub https://www.redalyc.org/journal/1230/123075328005/movil http://dx.doi.org/10.15728/bbr.2021.18.5.5 |