Board directors’ preferences – What are good aggregation rules?
نویسندگان
چکیده
منابع مشابه
Board directors ' preferences : What are good aggregation rules ?
I analyze how boards of directors with heterogeneous preferences can affect the information shared with the CEO with the help of a cheap-talk model that allows for large groups of receivers. This paper provides new insights on how heterogeneity of boards can change the way of communication between the board and the CEO, related to different ways of decision making. My model gives some insights ...
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ژورنال
عنوان ژورنال: Finance Research Letters
سال: 2014
ISSN: 1544-6123
DOI: 10.1016/j.frl.2014.02.002