... comprise board of directors and audit committee characteristics, including size, the number of meetings and the numbers of independent and outside board and expert committee members. Firm size, subsidiary status and cash flow serve as control variables. Findings Mixed results with respect...

... evaluation roles of the board of directors (BOD), as much emphasis has been given to management oversight roles. Originality/value The study contributes to the literature concerning monitoring roles as it shows that management oversight roles and performance evaluation roles are differentiated...

... management Discretionary accruals Boards of directors Earnings Boards of directors are an important part of the firm's structure. The board provides the link between the providers of capital (shareholders) and those who use that capital to create value (managers). Boards of directors are also...