Ferrero Ferrero, IdoyaMuñoz Torres, María JesúsFernández Izquierdo, María Ángeles2012-04-232012-04-232011-07http://hdl.handle.net/10400.21/1414The main purpose of this study is to analyse the changes caused by the global financial crisis on the influence of board characteristics on corporate results, in terms of corporate performance, corporate risk-taking, and earnings management. Sample comprises S&P 500 listed firms during 2002-2008. This study reveals that the environmental conditions call for different behaviour from directors to fulfil their responsibilities and suggests changes in normative and voluntary guidelines for improving good practices in the boardroom.engGlobal financial crisisCorporate governanceBoard of directorsBoard behaviourCorporate performanceconference object