Cao, Yu (2009) Shareholder approbation of board and performance of public traded corporations : evidence from the Canadian market. Masters thesis, Concordia University.
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Abstract
This study empirically tests the hypothesis that boards with higher shareholder confidence level can significantly improve corporate financial performance. The hypothesis is tested by examining the relationship between operating earnings in excess of the cost of capital (Excess Return) for a sample of 196 large publicly traded Canadian firms from 2002-2006. A notable and significant positive relationship exists between Excess Return and the shareholders' evaluation of board performance. High shareholder confidence of the board serves to foster improved corporate financial performance for firms.
| Divisions: | Concordia University > John Molson School of Business |
|---|---|
| Item Type: | Thesis (Masters) |
| Authors: | Cao, Yu |
| Pagination: | iv, 51 leaves : ill. ; 29 cm. |
| Institution: | Concordia University |
| Degree Name: | M. Sc. |
| Program: | John Molson School of Business |
| Date: | 2009 |
| Thesis Supervisor(s): | Switzer, L |
| Identification Number: | LE 3 C66F56M 2010 C36 |
| ID Code: | 976673 |
| Deposited By: | Concordia University Library |
| Deposited On: | 22 Jan 2013 16:30 |
| Last Modified: | 13 Jul 2020 20:10 |
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