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Journal of Business Research 89 (2018) 229–234
Contents lists available at ScienceDirect
Journal of Business Research
journal homepage: /locate/jbusres
Corporate governance and financial performance: The role of ownership and T
board structure☆
a b,* b
Jordi Paniagua , Rafael Rivelles , Juan Sapena
a Department of Applied Economics II, University of Valencia, Av. Tarongers s/n, 46022 Valencia, Spain
b Catholic University of Valencia “San Vicente Martir ”, Faculty of Economics and Business, Calle Corona 34, 46003 Valencia, Spain
A R T I C L E I N F O A B S T R A C T
Keywords: This study examines how corporate governance and ownership structure relate to the financial performance of
Firm performance firms. We estimated this relationship using fsQCA. We enhanced our analysis using complementary linear and
fsQCA non-linear multiple regression analysis. The panel data used in this study covered 1207 companies from 59
Corporate governance countries across 19 sectors for the period 2013 to 2015. The study makes two main contributions. First, the
multiple empirical techniques employed in this study offer a broader approach to the empirical analysis of
fi
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