... with independence but declines after independence surpasses an effective monitoring threshold. Based on this argument, this study posits that: H1. Board independence exhibits an inverted U-shaped relationship with corporate tax avoidance. Contingency theory suggests that the effectiveness...

...Philmore Alleyne; Shantelle Armstrong; Marissa Chandler Purpose This paper aims to examine the capital budgeting practices used by firms in Barbados using contingency theory. Design/methodology/approach The study involves the use of a self-administered questionnaire sent to the individual...