The DOI matches its Crossref record; 1 of the 1 references it cites were found in a registry or an index.
Larger board size and decreasing firm value in small firms
Open accessAbstract
Several studies hypothesize a relation between board size and financial performance. Empirical tests of the relation exist in only a few studies of large U.S. firms. We find a significant negative correlation between board size and profitability in a sample of small and midsize Finnish firms. Finding a board-size effect for a new and different class of firms affects the range of explanations for the board-size effect.
Overview
The claims and statistics of this paper haven’t been checked yet.
Run the check — free, no account needed. It reads the open-access text and checks the sources it cites.
Integrity signals
Registry
Cites
Statistics
Verification
Claims the paper makes
The claims and statistics of this paper haven’t been checked yet.
Run the check — free, no account needed. It reads the open-access text and checks the sources it cites.
Self-check
Percentages, sums and reported differences re-computed from the paper’s own numbers.
The self-check needs the paper’s full text.
Citations
Cites
The Determinants of Capital Structure Choice
TITMAN, S., & WESSELS, R. (1988) · The Journal of Finance · doi:10.1111/j.1540-6261.1988.tb02585.x · Cited by 6,112
Cited by
Earnings management and corporate governance: the role of the board and the audit committee
Xie, B., Davidson, W. N., & DaDalt, P. J. (2003) · Journal of Corporate Finance · doi:10.1016/s0929-1199(02)00006-8 · Cited by 2,777
The Too-Much-of-a-Good-Thing Effect in Management
Pierce, J. R., & Aguinis, H. (2013) · Journal of Management · doi:10.1177/0149206311410060 · Cited by 1,085
Financial accounting information, organizational complexity and corporate governance systems
Bushman, R., Chen, Q., Engel, E., & Smith, A. (2004) · Journal of Accounting and Economics · doi:10.1016/j.jacceco.2003.09.005 · Cited by 1,059
The effect of inventory management on firm performance
Koumanakos, D. P. (2008) · International Journal of Productivity and Performance Management · doi:10.1108/17410400810881827 · Cited by 281
Appuhami, R., & Bhuyan, M. (2015) · Managerial Auditing Journal · doi:10.1108/maj-04-2014-1022 · Cited by 100
Metadata
- Authors
- Eisenberg, T., Sundgren, S., & Wells, M. T.
- Venue
- Journal of Financial Economics
- Publisher
- Elsevier BV
- Published
- 1998-04
- Volume
- 48
- Issue
- 1
- Pages
- 35-54
- ISSN
- 0304-405X (ISSN-L)
- OpenAlex
- W1526996522
- Cited by
- 2,196
- References
- 1
- FWCI
- 48.42
- Type
- journal article
- Language
- en
- Open access
- hybrid
About these checks
Registry, retraction, Cites and statistics results are computed, not judged, with one exception: a printed reference that no index lists is read once by a model before it counts as a citation error. Claims are extracted by a model and kept only when their quote appears verbatim in the text; each cited source is then checked, with a model’s help, for whether it says what the claim relies on. Those verdicts can be wrong — read the claim’s quote and the cited source before relying on one.
Statistics and arithmetic are recomputed, not judged.
Confidence bands are shown only for fields calibrated on our annotated test set. None is calibrated yet, so no band is shown.
What counts as a claim ›How we measure confidence ›How we check this ›
Are you an author, or do you see a problem with this page? Request a review
How to cite
Cite CoChat for the checks on this page, and the paper for its own findings.
- This page
- CoChat. (2026). Citation check: Larger board size and decreasing firm value in small firms. https://app.cochat.ai/papers/10.1016/s0304-405x(98)00003-8
- The paper
- Eisenberg, T., Sundgren, S., & Wells, M. T. (1998). Larger board size and decreasing firm value in small firms. Journal of Financial Economics. https://doi.org/10.1016/s0304-405x(98)00003-8
Data sources
Bibliographic data: Semantic Scholar, OpenAlex, Crossref.
Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).
Semantic Scholar’s data is described in: Kinney, R., et al. (2023). The Semantic Scholar Open Data Platform. arXiv:2301.10140.
