Is There a Relationship between Firm Performance, Corporate Governance, and a Firm's Decision to Form a Technology Committee?
Some S&P 500 firms have recently formed technology committees at the board‐level. This study investigates the corporate governance and firm financial performance implications of the voluntary formation of technology committees by members of the S&P 500. Using financial performance and struct...
Gespeichert in:
| Veröffentlicht in: | Corporate governance : an international review 2007-11, Vol.15 (6), p.1260-1276 |
|---|---|
| Hauptverfasser: | , |
| Format: | Artikel |
| Sprache: | eng |
| Schlagworte: | |
| Online-Zugang: | Volltext |
| Tags: |
Tag hinzufügen
Keine Tags, Fügen Sie den ersten Tag hinzu!
|
| container_end_page | 1276 |
|---|---|
| container_issue | 6 |
| container_start_page | 1260 |
| container_title | Corporate governance : an international review |
| container_volume | 15 |
| creator | Premuroso, Ronald F. Bhattacharya, Somnath |
| description | Some S&P 500 firms have recently formed technology committees at the board‐level. This study investigates the corporate governance and firm financial performance implications of the voluntary formation of technology committees by members of the S&P 500. Using financial performance and structure‐related variables, the results of the study suggest that firms’ corporate governance ratings are significantly and positively related to their decisions to voluntarily form technology committees. Specifically, firm performance ratios such as return on assets, return on equity, and net profit margin appear to be associated with firms’ decisions to form board‐level technology committees. These findings have post Sarbanes‐Oxley corporate governance and performance implications and should be relevant for stakeholders such as the SEC, various stock exchanges, and the firms themselves. |
| doi_str_mv | 10.1111/j.1467-8683.2007.00645.x |
| format | Article |
| fullrecord | <record><control><sourceid>proquest_cross</sourceid><recordid>TN_cdi_proquest_miscellaneous_36962644</recordid><sourceformat>XML</sourceformat><sourcesystem>PC</sourcesystem><sourcerecordid>36962644</sourcerecordid><originalsourceid>FETCH-LOGICAL-c5915-bf37bb0d1c10ddcee34ce50d5e6bffbdf441f950cf342d1f9162d0eacf5d99213</originalsourceid><addsrcrecordid>eNqNkU2P0zAQhiMEEmXhP1gc4EKydvyR5IAQ6tKwq4pFqyKOluNMti5JnLXTbnvgv-NsUA-csDT2yPM-rz8mihDBCQnjcpcQJrI4FzlNUoyzBGPBeHJ8Fi3OhefRAheCxTkj-GX0yvsdxphwWiyi39cebbbgACl0B60aje391gyogvERoEcr4zr0HVxjXad6DR_Q0rrBOjUCKu0BXD_vqr4OFpP6vUdXoI0PTmi0aBXAUNmA3va2tfenYNB1ZhwBPr2OXjSq9fDm73oR_Vh92Sy_xuvb8nr5eR1rXhAeVw3NqgrXRBNc1xqAMg0c1xxE1TRV3TBGmoJj3VCW1iElIq0xKN3wuihSQi-id7Pv4OzDHvwoO-M1tK3qwe69pKIQqWAsCN_-I9zZfXhi6yUpWJ4xgfMgymeRdtZ7B40cnOmUO0mC5dQUuZPT38vp7-XUFPnUFHkM6HpGHQygz1zVKm3dvT3Ig6SK8DCdQjyhVJkQIsQw1VIRzkgzIbdjF-w-znaPpoXTf19DLm_vypAFPp5540c4nnnlfkmR0YzLn99KeVOuV4yXRF7RP4gtvHc</addsrcrecordid><sourcetype>Aggregation Database</sourcetype><iscdi>true</iscdi><recordtype>article</recordtype><pqid>194874608</pqid></control><display><type>article</type><title>Is There a Relationship between Firm Performance, Corporate Governance, and a Firm's Decision to Form a Technology Committee?</title><source>RePEc</source><source>EBSCOhost Business Source Complete</source><source>Access via Wiley Online Library</source><creator>Premuroso, Ronald F. ; Bhattacharya, Somnath</creator><creatorcontrib>Premuroso, Ronald F. ; Bhattacharya, Somnath</creatorcontrib><description>Some S&P 500 firms have recently formed technology committees at the board‐level. This study investigates the corporate governance and firm financial performance implications of the voluntary formation of technology committees by members of the S&P 500. Using financial performance and structure‐related variables, the results of the study suggest that firms’ corporate governance ratings are significantly and positively related to their decisions to voluntarily form technology committees. Specifically, firm performance ratios such as return on assets, return on equity, and net profit margin appear to be associated with firms’ decisions to form board‐level technology committees. These findings have post Sarbanes‐Oxley corporate governance and performance implications and should be relevant for stakeholders such as the SEC, various stock exchanges, and the firms themselves.</description><identifier>ISSN: 0964-8410</identifier><identifier>EISSN: 1467-8683</identifier><identifier>DOI: 10.1111/j.1467-8683.2007.00645.x</identifier><language>eng</language><publisher>Oxford, UK: Blackwell Publishing Ltd</publisher><subject>Board committees ; board composition ; Board of directors ; board quality measurement ; board structure ; Business management ; Committees ; Corporate governance ; Correlation analysis ; Decision making ; Financial performance ; firm financial performance ; information technology ; Intellectual property ; Management science ; Organizational effectiveness ; research and development ; Science and technology ; Studies ; Technology</subject><ispartof>Corporate governance : an international review, 2007-11, Vol.15 (6), p.1260-1276</ispartof><rights>2007 The Authors; Journal compilation © 2007 Blackwell Publishing Ltd</rights><lds50>peer_reviewed</lds50><woscitedreferencessubscribed>false</woscitedreferencessubscribed><citedby>FETCH-LOGICAL-c5915-bf37bb0d1c10ddcee34ce50d5e6bffbdf441f950cf342d1f9162d0eacf5d99213</citedby><cites>FETCH-LOGICAL-c5915-bf37bb0d1c10ddcee34ce50d5e6bffbdf441f950cf342d1f9162d0eacf5d99213</cites></display><links><openurl>$$Topenurl_article</openurl><openurlfulltext>$$Topenurlfull_article</openurlfulltext><thumbnail>$$Tsyndetics_thumb_exl</thumbnail><linktopdf>$$Uhttps://onlinelibrary.wiley.com/doi/pdf/10.1111%2Fj.1467-8683.2007.00645.x$$EPDF$$P50$$Gwiley$$H</linktopdf><linktohtml>$$Uhttps://onlinelibrary.wiley.com/doi/full/10.1111%2Fj.1467-8683.2007.00645.x$$EHTML$$P50$$Gwiley$$H</linktohtml><link.rule.ids>314,780,784,1417,4008,27924,27925,45574,45575</link.rule.ids><backlink>$$Uhttp://econpapers.repec.org/article/blacorgov/v_3a15_3ay_3a2007_3ai_3a6_3ap_3a1260-1276.htm$$DView record in RePEc$$Hfree_for_read</backlink></links><search><creatorcontrib>Premuroso, Ronald F.</creatorcontrib><creatorcontrib>Bhattacharya, Somnath</creatorcontrib><title>Is There a Relationship between Firm Performance, Corporate Governance, and a Firm's Decision to Form a Technology Committee?</title><title>Corporate governance : an international review</title><description>Some S&P 500 firms have recently formed technology committees at the board‐level. This study investigates the corporate governance and firm financial performance implications of the voluntary formation of technology committees by members of the S&P 500. Using financial performance and structure‐related variables, the results of the study suggest that firms’ corporate governance ratings are significantly and positively related to their decisions to voluntarily form technology committees. Specifically, firm performance ratios such as return on assets, return on equity, and net profit margin appear to be associated with firms’ decisions to form board‐level technology committees. These findings have post Sarbanes‐Oxley corporate governance and performance implications and should be relevant for stakeholders such as the SEC, various stock exchanges, and the firms themselves.</description><subject>Board committees</subject><subject>board composition</subject><subject>Board of directors</subject><subject>board quality measurement</subject><subject>board structure</subject><subject>Business management</subject><subject>Committees</subject><subject>Corporate governance</subject><subject>Correlation analysis</subject><subject>Decision making</subject><subject>Financial performance</subject><subject>firm financial performance</subject><subject>information technology</subject><subject>Intellectual property</subject><subject>Management science</subject><subject>Organizational effectiveness</subject><subject>research and development</subject><subject>Science and technology</subject><subject>Studies</subject><subject>Technology</subject><issn>0964-8410</issn><issn>1467-8683</issn><fulltext>true</fulltext><rsrctype>article</rsrctype><creationdate>2007</creationdate><recordtype>article</recordtype><sourceid>X2L</sourceid><recordid>eNqNkU2P0zAQhiMEEmXhP1gc4EKydvyR5IAQ6tKwq4pFqyKOluNMti5JnLXTbnvgv-NsUA-csDT2yPM-rz8mihDBCQnjcpcQJrI4FzlNUoyzBGPBeHJ8Fi3OhefRAheCxTkj-GX0yvsdxphwWiyi39cebbbgACl0B60aje391gyogvERoEcr4zr0HVxjXad6DR_Q0rrBOjUCKu0BXD_vqr4OFpP6vUdXoI0PTmi0aBXAUNmA3va2tfenYNB1ZhwBPr2OXjSq9fDm73oR_Vh92Sy_xuvb8nr5eR1rXhAeVw3NqgrXRBNc1xqAMg0c1xxE1TRV3TBGmoJj3VCW1iElIq0xKN3wuihSQi-id7Pv4OzDHvwoO-M1tK3qwe69pKIQqWAsCN_-I9zZfXhi6yUpWJ4xgfMgymeRdtZ7B40cnOmUO0mC5dQUuZPT38vp7-XUFPnUFHkM6HpGHQygz1zVKm3dvT3Ig6SK8DCdQjyhVJkQIsQw1VIRzkgzIbdjF-w-znaPpoXTf19DLm_vypAFPp5540c4nnnlfkmR0YzLn99KeVOuV4yXRF7RP4gtvHc</recordid><startdate>200711</startdate><enddate>200711</enddate><creator>Premuroso, Ronald F.</creator><creator>Bhattacharya, Somnath</creator><general>Blackwell Publishing Ltd</general><general>Wiley Blackwell</general><scope>BSCLL</scope><scope>DKI</scope><scope>X2L</scope><scope>AAYXX</scope><scope>CITATION</scope><scope>8BJ</scope><scope>FQK</scope><scope>JBE</scope></search><sort><creationdate>200711</creationdate><title>Is There a Relationship between Firm Performance, Corporate Governance, and a Firm's Decision to Form a Technology Committee?</title><author>Premuroso, Ronald F. ; Bhattacharya, Somnath</author></sort><facets><frbrtype>5</frbrtype><frbrgroupid>cdi_FETCH-LOGICAL-c5915-bf37bb0d1c10ddcee34ce50d5e6bffbdf441f950cf342d1f9162d0eacf5d99213</frbrgroupid><rsrctype>articles</rsrctype><prefilter>articles</prefilter><language>eng</language><creationdate>2007</creationdate><topic>Board committees</topic><topic>board composition</topic><topic>Board of directors</topic><topic>board quality measurement</topic><topic>board structure</topic><topic>Business management</topic><topic>Committees</topic><topic>Corporate governance</topic><topic>Correlation analysis</topic><topic>Decision making</topic><topic>Financial performance</topic><topic>firm financial performance</topic><topic>information technology</topic><topic>Intellectual property</topic><topic>Management science</topic><topic>Organizational effectiveness</topic><topic>research and development</topic><topic>Science and technology</topic><topic>Studies</topic><topic>Technology</topic><toplevel>peer_reviewed</toplevel><toplevel>online_resources</toplevel><creatorcontrib>Premuroso, Ronald F.</creatorcontrib><creatorcontrib>Bhattacharya, Somnath</creatorcontrib><collection>Istex</collection><collection>RePEc IDEAS</collection><collection>RePEc</collection><collection>CrossRef</collection><collection>International Bibliography of the Social Sciences (IBSS)</collection><collection>International Bibliography of the Social Sciences</collection><collection>International Bibliography of the Social Sciences</collection><jtitle>Corporate governance : an international review</jtitle></facets><delivery><delcategory>Remote Search Resource</delcategory><fulltext>fulltext</fulltext></delivery><addata><au>Premuroso, Ronald F.</au><au>Bhattacharya, Somnath</au><format>journal</format><genre>article</genre><ristype>JOUR</ristype><atitle>Is There a Relationship between Firm Performance, Corporate Governance, and a Firm's Decision to Form a Technology Committee?</atitle><jtitle>Corporate governance : an international review</jtitle><date>2007-11</date><risdate>2007</risdate><volume>15</volume><issue>6</issue><spage>1260</spage><epage>1276</epage><pages>1260-1276</pages><issn>0964-8410</issn><eissn>1467-8683</eissn><abstract>Some S&P 500 firms have recently formed technology committees at the board‐level. This study investigates the corporate governance and firm financial performance implications of the voluntary formation of technology committees by members of the S&P 500. Using financial performance and structure‐related variables, the results of the study suggest that firms’ corporate governance ratings are significantly and positively related to their decisions to voluntarily form technology committees. Specifically, firm performance ratios such as return on assets, return on equity, and net profit margin appear to be associated with firms’ decisions to form board‐level technology committees. These findings have post Sarbanes‐Oxley corporate governance and performance implications and should be relevant for stakeholders such as the SEC, various stock exchanges, and the firms themselves.</abstract><cop>Oxford, UK</cop><pub>Blackwell Publishing Ltd</pub><doi>10.1111/j.1467-8683.2007.00645.x</doi><tpages>17</tpages></addata></record> |
| fulltext | fulltext |
| identifier | ISSN: 0964-8410 |
| ispartof | Corporate governance : an international review, 2007-11, Vol.15 (6), p.1260-1276 |
| issn | 0964-8410 1467-8683 |
| language | eng |
| recordid | cdi_proquest_miscellaneous_36962644 |
| source | RePEc; EBSCOhost Business Source Complete; Access via Wiley Online Library |
| subjects | Board committees board composition Board of directors board quality measurement board structure Business management Committees Corporate governance Correlation analysis Decision making Financial performance firm financial performance information technology Intellectual property Management science Organizational effectiveness research and development Science and technology Studies Technology |
| title | Is There a Relationship between Firm Performance, Corporate Governance, and a Firm's Decision to Form a Technology Committee? |
| url | https://sfx.bib-bvb.de/sfx_tum?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&ctx_tim=2024-12-25T04%3A23%3A04IST&url_ver=Z39.88-2004&url_ctx_fmt=infofi/fmt:kev:mtx:ctx&rfr_id=info:sid/primo.exlibrisgroup.com:primo3-Article-proquest_cross&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.atitle=Is%20There%20a%20Relationship%20between%20Firm%20Performance,%20Corporate%20Governance,%20and%20a%20Firm's%20Decision%20to%20Form%20a%20Technology%20Committee?&rft.jtitle=Corporate%20governance%20:%20an%20international%20review&rft.au=Premuroso,%20Ronald%20F.&rft.date=2007-11&rft.volume=15&rft.issue=6&rft.spage=1260&rft.epage=1276&rft.pages=1260-1276&rft.issn=0964-8410&rft.eissn=1467-8683&rft_id=info:doi/10.1111/j.1467-8683.2007.00645.x&rft_dat=%3Cproquest_cross%3E36962644%3C/proquest_cross%3E%3Curl%3E%3C/url%3E&disable_directlink=true&sfx.directlink=off&sfx.report_link=0&rft_id=info:oai/&rft_pqid=194874608&rft_id=info:pmid/&rfr_iscdi=true |