haku: @author Booth, J. / yhteensä: 2
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Tekijä:Booth, J.
Deli, D.
Otsikko:Factors affecting the number of outside directorships held by CEOs
Lehti:Journal of Financial Economics
1996 : JAN, VOL. 40:1, p. 81-104
Asiasana:CHIEF EXECUTIVE OFFICERS
ECONOMICS
FINANCE
Kieli:eng
Tiivistelmä:The authors investigate factors affecting the number of outside directorships held by CEOs. CEOs of firms with growth opportunities hold fewer outside directorships than CEOs of firms consisting primarily of assets-in-place. They find evidence consistent with CEOs holding more outside directorships as they transfer decision rights to their eventual successors. And they also find that when employees of two different firms sit on each other's boards, CEOs hold more outside directorships, suggesting CEO participation bonds the relationship between the two firms.
SCIMA tietueen numero: 147059
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