@article{10902/11216, year = {2016}, month = {12}, url = {http://hdl.handle.net/10902/11216}, abstract = {This paper seeks to provide a better understanding of what makes boards effective. We analyse the relationships between board demography and company performance and between working structures and board tasks in small and medium-sized enterprises (SMEs). We test our hypotheses on a sample of 307 Spanish SMEs. The main empirical result is the negative impact that the proportion of outside directors and the board size have on firm performance. We also find a negative impact of outsiders? presence and a positive impact of director tenure on the board?s service role}, publisher = {Sabinet}, publisher = {South African Journal of Business Management, 47 (4), pp. 47-58}, title = {Boards of directors in SMEs : an empirical evidence of board task performance}, author = {Iturralde Jainaga, Txomin and Maseda García, Amaia and Arosa de la Torre, Blanca and García Ramos, Rebeca}, }