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| Tekijä: | Sundramurthy, C. Rechner, P. Wang, W. |
| Otsikko: | Governance antecendents of board entrenchment: the case of classified board provisions |
| Lehti: | Journal of Management
1996 : VOL. 22:5, p. 783-799 |
| Asiasana: | MANAGEMENT ECONOMICS CHIEF EXECUTIVE OFFICERS |
| Kieli: | eng |
| Tiivistelmä: | 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. |
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