Board Size: An Empirical Study of Companies Listed in NSE CNX 100 Index

Asian Resonance (P: ISSN No. 0976-8602 RNI No. UPENG/2012/42622 VOL.-III, ISSUE-III, JULY-2014 E: ISSN No. 2349-9443 ) Abstract Luvnica Rastogi Research Scholar Deptt. of Commerce and Business Studies Jamia Millia Islamia New Delhi Najeeb Uzzamman Khan Shervani Professor and Head Department of Commerce & Business Studies Jamia Millia Islamia, New Delhi M. Mustafa Former Prof. Deptt. of Commerce and Business Studies Jamia Millia Islamia New Delhi Corporate boards of directors play a central role in the corporate governance of modern companies. This study examines the relationship between board size and firm valuations of companies listed in the NSE 100 index covering a five year period, 2008-09 to 2012-13, using the ordinary least squares (OLS) method on cross – sectional data, pooled data and panel data have been employed. In a cross-sectional data, data on one or more variables is collected at the same point in time. A typical multiple regression ...