haku: @author Coles, J. / yhteensä: 2
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| Tekijä: | Coles, J. Hesterly, W. |
| Otsikko: | Independence of the Chairman and Board composition: firm choices and shareholder value |
| Lehti: | Journal of Management
2000 : VOL. 26:2, p. 195-214 |
| Asiasana: | CHAIRMEN COMPANIES SHAREHOLDERS |
| Kieli: | eng |
| Tiivistelmä: | This paper examines the role of leadership structure and board composition in the context of poison pill adoptions. The authors distinguish, for the first time, independent, separated leadership structures from non-independent, separated leadership structures. The results suggest that there is an important interaction effect between board composition and the independence of the board Chairman, and that while there is a critical monitoring role for outside directors, inside directors also provide a critical informational role in board decision-making. |
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