CORPORATE DIRECTORS-WHO NEEDS THEM?
نویسندگان
چکیده
منابع مشابه
Directors' Incentives and Corporate Performance
We examine the effect of the incentives of the members of the board of directors on shareholder wealth, CEO compensation and the sensitivity of this compensation to corporate performance in laboratory setting. Two methods of appointing the board, one by the CEO and the other by the largest shareholder, constitute the main treatment. The board sets the compensation for the CEO, who makes product...
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Reformists argue that Japanese firms maintain inefficiently few outside directors, while theory suggests market competition should drive firms toward their firm-specifically optimal board structure (if any). The debate suggests three testable hypotheses. First, perhaps board composition does not matter. If so, then firm performance will show no relation to board structure, but outsiders will be...
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Although job design has long been a central topic in the academic literature on organizations, theoretical perspectives on job design are rooted primarily in organizational psychology, and have only recently begun to draw from sociological theory. Moreover, extant sociological perspectives have focused largely on cross-cultural differences in the perception of job characteristics and the effect...
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ژورنال
عنوان ژورنال: The Modern Law Review
سال: 1988
ISSN: 0026-7961
DOI: 10.1111/j.1468-2230.1988.tb01757.x