search query: @author Hogler, R. / total: 1
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| Author: | Mallette, P. Hogler, R. |
| Title: | Board composition, stock ownership, and the exemption of directors from liability |
| Journal: | Journal of Management
1995 : VOL. 21:5, p. 861-878 |
| Index terms: | STOCK OWNERSHIP LIABILITY BOARD OF DIRECTORS |
| Language: | eng |
| Abstract: | This research examined the relationships between board composition, stock ownership, and the existence of director liability protection in a sample of industrial manufacturing firms. Results indicate that the impact of board leadership on liability protection depends on the proportion of independent directors on the board. Findings suggest that high levels of independent directors compromise the governing effectiveness of independent board leadership. Results demonstrate that stock ownership patterns affect liability protection as well. |
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