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Please use this identifier to cite or link to this item: http://hdl.handle.net/1942/22045

Title: The Board's Demography-Firm Performance Relationship Revisited: A Bayesian Approach
Authors: Huybrechts, Jolien
Voordeckers, Wim
D'Espallier, Bert
Lybaert, Nadine
Van Gils, Anita
Issue Date: 2016
Citation: JOURNAL OF SMALL BUSINESS MANAGEMENT, 54(3), p. 992-1007
Abstract: Building on behavioral theory, we argue that the effect of board demography on the performance of small and medium-sized family firms differs significantly at the individual firm level and that the degree by which board task performance meets board task needs explains this effect. Using a Bayesian estimation method, we obtain firm specific estimates of the effect of board demography on firm performance. Analysis of these estimates indicates that the size of the gap between board task needs and board task performance explains the effects of the board demographic characteristicsboard size and percentage of family directorson firm performance.
Notes: [Huybrechts, Jolien] Maastricht Univ, Sch Business & Econ, Dept Org & Strategy, NL-6200 MD Maastricht, Limburg, Netherlands. [Voordeckers, Wim; Lybaert, Nadine] Hasselt Univ, Res Ctr Entrepreneurship & Family Firms, Hasselt, Belgium. [D'Espallier, Bert] KULeuven, Res Grp Finance Accountancy & Tax, Leuven, Belgium. [Van Gils, Anita] Ctr Family Enterprise CeFEO, Jonkoping Int Business Sch, Family Business, Jonkoping, Sweden. [Van Gils, Anita] Maastricht Univ, Dept Org & Strategy, Sch Business & Econ, Entrepreneurship & Family Business, NL-6200 MD Maastricht, Limburg, Netherlands.
URI: http://hdl.handle.net/1942/22045
DOI: 10.1111/jsbm.12223
ISI #: 000379512500010
ISSN: 0047-2778
Category: A1
Type: Journal Contribution
Validation: ecoom, 2017
Appears in Collections: Research publications

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