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Board Resources and Firm Performance in SMEs

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Economy, Business and Uncertainty: New Ideas for a Euro-Mediterranean Industrial Policy (AEDEM 2017)

Part of the book series: Studies in Systems, Decision and Control ((SSDC,volume 180))

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Abstract

The objective of this paper is to analyse whether the knowledge, experience and capabilities of the board of directors aid the expansion of growth-oriented SMES. The sample consists of 200 board members of 32 firms listed on Spain’s alternative investment market. Our results show that average board tenure, educational level and CEO experience all affect firm growth. This article highlights the particular importance of human capital for these firms and how it can improve their performance.

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Author information

Authors and Affiliations

  1. Universidad de Sevilla, Seville, Spain

    Marta Domínguez-CC & Carmen Barroso-Castro

Authors
  1. Marta Domínguez-CC
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  2. Carmen Barroso-Castro
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Corresponding author

Correspondence to Marta Domínguez-CC .

Editor information

Editors and Affiliations

  1. Departament d’Empresa, Universitat de Barcelona, Barcelona, Spain

    Jaime Gil-Lafuente

  2. Mediterranea University of Reggio Calabria, Reggio Calabria, Italy

    Domenico Marino

  3. Department of Civil, Energy, Environment and Materials Engineering, Mediterranea University of Reggio Calabria, Reggio Calabria, Italy

    Francesco Carlo Morabito

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Domínguez-CC, M., Barroso-Castro, C. (2019). Board Resources and Firm Performance in SMEs. In: Gil-Lafuente, J., Marino, D., Morabito, F. (eds) Economy, Business and Uncertainty: New Ideas for a Euro-Mediterranean Industrial Policy. AEDEM 2017. Studies in Systems, Decision and Control, vol 180. Springer, Cham. https://doi.org/10.1007/978-3-030-00677-8_10

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