This research report, titled "Corporate Governance and Risk: A Study of Board Structure and Process," examines the relationship between board structure and corporate risk. The study was conducted by Terry McNulty, Chris Florackis, and Phillip Ormrod from the University of Liverpool Management School. The report was independently reviewed by two experts and is subject to a rigorous peer-review process. The authors of the report do not necessarily share the views expressed, which are those of the authors alone. The report provides an executive summary, introduction, conceptual framework and testable hypotheses, methods, results on financial risk proxies, business risk, summary and conclusion, and references. The report is published by Certified Accountants Educational Trust for the Association of Chartered Certified Accountants.
