Project description
I select a sample of 30 UK listed companies from Morningstar Company Intelligence. For each of the companies, I asked to collate the following data:
1)Company size: Turnover, number of employees,
2)Company performance: ROCE, EPS, degree of internationalisation (% turnover derived from non-UK activities – from company facts report)
3)Board data: size of board, proportion of non-executive directors, CEO/chair duality, proportion of women directors, proportion of international directors
You are then asked to write report on the relationship between corporate governance characteristics and firm performance which should include:
a)An introduction to your report and your selected companies.
b)A summary of descriptive statistics for key variables in your sample (min & max values, mean, standard deviation)
c)The results from statistical tests about the relationship between board variables and firm performance, controlling for firm size
d)A discussion of your results. Here, you should discuss which organisational theories best explain your empirical observations and what other explanations there may be for your results.
e)A concluding summary in which you put forward recommendations on corporate governance that can influence companies’ performance.