The Role of Board Chair in the Relationship between Board Human Capital and Firm Performance

Abstract

This study aims to investigate the moderating effect of the board chair`s role on the relationship between board human capital and firm performance. Board human capital has been regarded as a valuable asset that enhances firm performance. Especially, the board chair plays a crucial role in developing this high-echelon human capital. This study utilises a set of longitudinal data to examine 275 firms in Taiwan. The result indicates that board human capital is positively related to firm performance, and the individual human capital of the board chair represents a moderating effect on the relationship between board human capital and performance.