How to cite this paper
Pham, D & Pham, Q. (2020). The impact of firm’s life-cycle on board composition: Evidence from Vietnam's listed firms.Accounting, 6(6), 1065-1070.
Refrences
Adams, R. B., & Ferreira, D. (2007). A theory of friendly boards. The Journal of Finance, 62(1), 217–250.
Anthony, J. H., & Ramesh, K. (1992). Association between accounting performance measures and stock prices. A test of the life cycle hypothesis. Journal of Accounting and Economics, 15(2–3), 203–227. https://doi.org/10.1016/0165-4101(92)90018-W
Bonn, I., & Pettigrew, A. (2009). Towards a dynamic theory of boards: An organisational life cycle approach. Journal of Management & Organization, 15(1), 2–16. https://doi.org/10.1017/S1833367200002844
Boone, A. L., Casares Field, L., Karpoff, J. M., & Raheja, C. G. (2007). The determinants of corporate board size and composition: An empirical analysis. Journal of Financial Economics. https://doi.org/10.1016/j.jfineco.2006.05.004
Coles, J. L., Daniel, N. D., & Naveen, L. (2008). Boards: Does one size fit all?. Journal of Financial Economics, 87(2), 329-356.
Coles, J. L., Lemmon, M. L., & Meschke, J. F. (2012). Structural models and endogeneity in corporate finance: The link between managerial ownership and corporate performance. Journal of Financial Economics, 103(1), 149-168.
Fama, E. F., & Jensen, M. C. (1983). Agency problems and residual claims. The Journal of Law and Economics, 26(2), 327-349.
Filatotchev, I., Toms, S., & Wright, M. (2006). The firm’s strategic dynamics and corporate governance life‐cycle. International Journal of Managerial Finance, 2(4), 256–279. https://doi.org/10.1108/17439130610705481
Filatotchev, I., Yung, C. L., & Piesse, J. (2005). Corporate Governance and performance in publicly listed , family- controlled Firms : Evidence from Taiwan. Asia Pacific Journal of Management, 22(3), 257–283. https://doi.org/10.1007/s10490-005-3569-2
Gilson, S. C. (1990). Bankruptcy, boards, banks, and blockholders. Evidence on changes in corporate ownership and control when firms default. Journal of Financial Economics, 27(2), 355–387. https://doi.org/10.1016/0304-405X(90)90060-D
Goodstein, J., Gautam, K., & Boeker, W. (1994). The effects of board size and diversity on strategic change. Strategic Management Journal, 15(3), 241-250.
Hermalin, B. E., & Weisbach, M. S. (1991). The effects of board composition and direct incentives on firm performance. Financial Management, 20(4), 101. https://doi.org/10.2307/3665716
Hillman, A. I., & Dalziel, T. (2003). Boards of directors and firm performance: integrating agency and resource dependence perspectives. Academy Oí Management Review, 28(3), 383–396.
Jawahar, I. M., & McLaughlin, G. L. (2001). Toward a descriptive stakeholder theory: An organizational life cycle approach. Academy of Management Review, 26(3), 397–414. https://doi.org/10.5465/AMR.2001.4845803
Jensen, M. C., & Meckling, W. H. (1976). Theory of the firm: Managerial behavior, agency costs and ownership structure. Journal of Financial Economics. https://doi.org/10.1016/0304-405X(76)90026-X
Li, Y., & Zhang, X. T. (2018). How does firm life cycle affect board structure? Evidence from China’s listed privately owned enterprises. Management and Organization Review, 14(2), 305–341. https://doi.org/10.1017/mor.2017.55
Low, M. B., & MacMillan, I. C. (1988). Entrepreneurship: Past Research and Future Challenges. Journal of Management, 14(2), 139–161. https://doi.org/10.1177/014920638801400202
Lynall, M. D., Golden, B. R., & Hillman, A. J. (2003). Board composition from adolescence to maturity: A multitheoretic view. Academy of Management Review, 28(3), 416–431. https://doi.org/10.5465/amr.2003.10196743
Peng, M. W., Zhang, S., & Li, X. (2007). CEO duality and firm performance during China’s institutional transitions. Management and Organization Review, 3(2), 205–225. https://doi.org/10.1111/j.1740-8784.2007.00069.x
Pfeffer, J., & Salancik, G. R. (1978). Social control of organizations. The External Control of Organizations: A Resource Dependence Perspective.
Pham, D., & Pham, Q. (2020). The impact of CEO duality on firm performance: Examining the life-cycle theory in Vietnam. Accounting, 6(5), 737–747.
Pham, Q., Ho, T., Pham, D., & Nguyen, H. (2020). Effects of corporate governance on high growth rate: evidence from Vietnamese listed companies. Management Science Letters, 10(7), 1553–1566.
Pye, A., & Pettigrew, A. (2005). Studying board context, process and dynamics: Some challenges for the future. British Journal of Management, 16, S27-S38.
Quinn, R. E., & Cameron, K. (1983). Organizational life cycles and shifting criteria of effectiveness: Some preliminary evidence. Management Science, 29(1), 33–51. https://doi.org/10.1287/mnsc.29.1.33
Walsh, J. P., & Seward, J. K. (1990). On the efficiency of internal and external corporate control mechanisms. Academy of Management Review, 15(3), 421–458.
Wintoki, M. B., Linck, J. S., & Netter, J. M. (2012). Endogeneity and the dynamics of internal corporate governance. Journal of Financial Economics, 105(3), 581–606. https://doi.org/10.1016/j.jfineco.2012.03.005
Anthony, J. H., & Ramesh, K. (1992). Association between accounting performance measures and stock prices. A test of the life cycle hypothesis. Journal of Accounting and Economics, 15(2–3), 203–227. https://doi.org/10.1016/0165-4101(92)90018-W
Bonn, I., & Pettigrew, A. (2009). Towards a dynamic theory of boards: An organisational life cycle approach. Journal of Management & Organization, 15(1), 2–16. https://doi.org/10.1017/S1833367200002844
Boone, A. L., Casares Field, L., Karpoff, J. M., & Raheja, C. G. (2007). The determinants of corporate board size and composition: An empirical analysis. Journal of Financial Economics. https://doi.org/10.1016/j.jfineco.2006.05.004
Coles, J. L., Daniel, N. D., & Naveen, L. (2008). Boards: Does one size fit all?. Journal of Financial Economics, 87(2), 329-356.
Coles, J. L., Lemmon, M. L., & Meschke, J. F. (2012). Structural models and endogeneity in corporate finance: The link between managerial ownership and corporate performance. Journal of Financial Economics, 103(1), 149-168.
Fama, E. F., & Jensen, M. C. (1983). Agency problems and residual claims. The Journal of Law and Economics, 26(2), 327-349.
Filatotchev, I., Toms, S., & Wright, M. (2006). The firm’s strategic dynamics and corporate governance life‐cycle. International Journal of Managerial Finance, 2(4), 256–279. https://doi.org/10.1108/17439130610705481
Filatotchev, I., Yung, C. L., & Piesse, J. (2005). Corporate Governance and performance in publicly listed , family- controlled Firms : Evidence from Taiwan. Asia Pacific Journal of Management, 22(3), 257–283. https://doi.org/10.1007/s10490-005-3569-2
Gilson, S. C. (1990). Bankruptcy, boards, banks, and blockholders. Evidence on changes in corporate ownership and control when firms default. Journal of Financial Economics, 27(2), 355–387. https://doi.org/10.1016/0304-405X(90)90060-D
Goodstein, J., Gautam, K., & Boeker, W. (1994). The effects of board size and diversity on strategic change. Strategic Management Journal, 15(3), 241-250.
Hermalin, B. E., & Weisbach, M. S. (1991). The effects of board composition and direct incentives on firm performance. Financial Management, 20(4), 101. https://doi.org/10.2307/3665716
Hillman, A. I., & Dalziel, T. (2003). Boards of directors and firm performance: integrating agency and resource dependence perspectives. Academy Oí Management Review, 28(3), 383–396.
Jawahar, I. M., & McLaughlin, G. L. (2001). Toward a descriptive stakeholder theory: An organizational life cycle approach. Academy of Management Review, 26(3), 397–414. https://doi.org/10.5465/AMR.2001.4845803
Jensen, M. C., & Meckling, W. H. (1976). Theory of the firm: Managerial behavior, agency costs and ownership structure. Journal of Financial Economics. https://doi.org/10.1016/0304-405X(76)90026-X
Li, Y., & Zhang, X. T. (2018). How does firm life cycle affect board structure? Evidence from China’s listed privately owned enterprises. Management and Organization Review, 14(2), 305–341. https://doi.org/10.1017/mor.2017.55
Low, M. B., & MacMillan, I. C. (1988). Entrepreneurship: Past Research and Future Challenges. Journal of Management, 14(2), 139–161. https://doi.org/10.1177/014920638801400202
Lynall, M. D., Golden, B. R., & Hillman, A. J. (2003). Board composition from adolescence to maturity: A multitheoretic view. Academy of Management Review, 28(3), 416–431. https://doi.org/10.5465/amr.2003.10196743
Peng, M. W., Zhang, S., & Li, X. (2007). CEO duality and firm performance during China’s institutional transitions. Management and Organization Review, 3(2), 205–225. https://doi.org/10.1111/j.1740-8784.2007.00069.x
Pfeffer, J., & Salancik, G. R. (1978). Social control of organizations. The External Control of Organizations: A Resource Dependence Perspective.
Pham, D., & Pham, Q. (2020). The impact of CEO duality on firm performance: Examining the life-cycle theory in Vietnam. Accounting, 6(5), 737–747.
Pham, Q., Ho, T., Pham, D., & Nguyen, H. (2020). Effects of corporate governance on high growth rate: evidence from Vietnamese listed companies. Management Science Letters, 10(7), 1553–1566.
Pye, A., & Pettigrew, A. (2005). Studying board context, process and dynamics: Some challenges for the future. British Journal of Management, 16, S27-S38.
Quinn, R. E., & Cameron, K. (1983). Organizational life cycles and shifting criteria of effectiveness: Some preliminary evidence. Management Science, 29(1), 33–51. https://doi.org/10.1287/mnsc.29.1.33
Walsh, J. P., & Seward, J. K. (1990). On the efficiency of internal and external corporate control mechanisms. Academy of Management Review, 15(3), 421–458.
Wintoki, M. B., Linck, J. S., & Netter, J. M. (2012). Endogeneity and the dynamics of internal corporate governance. Journal of Financial Economics, 105(3), 581–606. https://doi.org/10.1016/j.jfineco.2012.03.005