| dc.description.abstract | This study investigated the influence of board of directors’ characteristics such
as board size, gender diversity, and managerial ownership on firm risk. The sample was
non-financial companies listed on the Ho Chi Minh Stock Exchange and Ha Noi Stock
Exchange. During 2008 to 2019, exactly 1030 samples were selected to conduct the final
finding. By applying 4 methods which are Hausman test, LM test, Heteroskedasticity test,
Wooldridge test, the results that there is no specific regulation in corporate governance of
the company under the economic conditions, in particular, because the Vietnamese
market is quite stable even in times of crisis, the members of the BOD are stable and have
not changed much in different economic conditions. Specifically, the outcome shows that
that there has a positive relationship between gender diversity and firm risk, while the
number members in BOD and firm risk have a significantly negative relationship.
Moreover, it is believed that there is not a significant relationship between firm risk and
managerial ownership. This study aims to make a contribution to assisting investors and
other researchers on relevant topics. | en_US |
