Corporate Governance: Board Size, Managerial Ownership and Operations Performance
Table 1:
| Variable -Description | Sources | |
| Dependent Variables(Operations Performance) | natural log of inventory value in balance sheet of a company I in year t. | Chopra and Meindl (2003) |
| Inventory turnover for company I, in year t. It is calculated by the expression (the cost of goods sold/ average inventory value) | Hala and Mohammad (2014) | |
| Days of supply for company I, in year t. It is calculated by the expression (average inventory value / cost of goods sold) x 365 days | Chopra and Meindl (2003) |