search query: @indexterm appointments / total: 9
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Author: | Ferris, S. P. Jagannathan, M. Pritchard, A. C. |
Title: | Too busy to mind the business? Monitoring by directors with multiple board appointments |
Journal: | Journal of Finance
2003 : JUN, VOL. 58:3, p. 1087-1111 |
Index terms: | Directors Appointments Performance appraisal |
Language: | eng |
Abstract: | The authors examine the number of external appointments held by corporate directors. They find that firm performance has a positive effect on the number of appointments held by a director. They find no evidence that multiple directors shirk their responsibilities to serve on board committees. They neither find that multiple directors are associated with a greater likelihood of securities fraud litigation. They conclude that the evidence does not support calls for limits on directorships held by an individual. |
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