The Impact of Leadership Structure Characteristics on Performance Indicators within the Technology Sector of S&P 500 Component Companies

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Bibliographic Details
Title: The Impact of Leadership Structure Characteristics on Performance Indicators within the Technology Sector of S&P 500 Component Companies
Authors: Ana-Gabriela RUSU
Source: CECCAR Business Review, Vol 5, Iss 6, Pp 68-76 (2024)
CECCAR Business Review, Vol 5, Iss 5, Pp 13-21 (2024)
Publisher Information: The Body of Chartered Certified Accountants and Licensed Accountants of Romania, 2024.
Publication Year: 2024
Subject Terms: ceo duality, 9. Industry and infrastructure, Economic history and conditions, HC10-1085, HG1-9999, 8. Economic growth, technology sector, gender diversity, s&p 500, roe, independency, leverage, compensation committee, board size, roa, Finance, usa
Description: Corporate governance is becoming increasingly important. This is evidenced by the various issues of major companies coming to light as people pay more attention to CSR concepts. Scandals such as those arising from questionable practices of large companies like Wells Fargo, Equifax, Enron, and many others have raised questions about the effectiveness of corporate governance mechanisms. This has led to stricter laws and the introduction of new regulations aimed at improving these mechanisms. Thus, the purpose of the study is to analyse the influence that leadership structure characteristics have on financial performance. The empirical analysis is based on 39 technology companies, components of the S&P 500 Index. The research relies on panel data analysis over a period of 12 years (2011-2022). The results show that the characteristics of leadership structures impact the economic and financial profitability rates of technology companies within the S&P 500 Index.
Document Type: Article
Language: English
ISSN: 2668-8921
1454-9263
DOI: 10.37945/cbr.2024.05.02
DOI: 10.37945/cbr.2024.06.07
Access URL: https://doaj.org/article/d7fbf70b65fb4d538c2a01b7b0440dcb
https://doaj.org/article/b917ce65c7c34c8ba4f592b76692b042
Accession Number: edsair.doi.dedup.....5e25bae8e35db12370486d46b5886679
Database: OpenAIRE
Description
Abstract:Corporate governance is becoming increasingly important. This is evidenced by the various issues of major companies coming to light as people pay more attention to CSR concepts. Scandals such as those arising from questionable practices of large companies like Wells Fargo, Equifax, Enron, and many others have raised questions about the effectiveness of corporate governance mechanisms. This has led to stricter laws and the introduction of new regulations aimed at improving these mechanisms. Thus, the purpose of the study is to analyse the influence that leadership structure characteristics have on financial performance. The empirical analysis is based on 39 technology companies, components of the S&P 500 Index. The research relies on panel data analysis over a period of 12 years (2011-2022). The results show that the characteristics of leadership structures impact the economic and financial profitability rates of technology companies within the S&P 500 Index.
ISSN:26688921
14549263
DOI:10.37945/cbr.2024.05.02