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Author:Sundramurthy, C.
Rechner, P.
Wang, W.
Title:Governance antecendents of board entrenchment: the case of classified board provisions
Journal:Journal of Management
1996 : VOL. 22:5, p. 783-799
Index terms:MANAGEMENT
ECONOMICS
CHIEF EXECUTIVE OFFICERS
Language:eng
Abstract:Using a sample of 192 Standard & Poor's 500 firms, the authors examine the impact of corporate governance and ownership context on a particular instance of board entrenchment: adoption of classified board provisions. Interestingly, while increased outsider representation measured simply as a proportion of outsiders does not affect the rate of adoption, reliance on a more fine grained measure, which includes other affiliations of outsiders, results in a marginally significant influence.
SCIMA record nr: 155306
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