Abstract
This study aims to identify theieffectiofiboard size, ownership concentration, and dividend on the performance of manufacturing firmsi in thei ASEAN (Association of Southeast Asian Nations)-5 countries during the period 2012-2016. Board size measured by the number of members on the board of directors. Ownership concentration is measured by a blockholder variable, which is defined as the percentage of shareholding by 5% or more. Dividend is measured by dividend per share. Firm performance is measured by return on equity (ROE). The study uses the panel data analysis method. The results show that board size positively affects firm performance; ownership concentration negatively affects firm performance; and dividend per share negatively affects firm performance.
Original language | English |
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Title of host publication | Business and Management Issues in the Global and Digital Era |
Subtitle of host publication | Indonesian Perspectives |
Publisher | Nova Science Publishers, Inc. |
Pages | 33-47 |
Number of pages | 15 |
ISBN (Electronic) | 9781536165302 |
ISBN (Print) | 9781536162752 |
Publication status | Published - 11 Nov 2019 |
Keywords
- ASEAN-5
- Board size
- Ownership concentration