What triggers firms to appoint outside directors beyond the legal minimum requirement?
نویسندگان
چکیده
منابع مشابه
Outside Directors and Ceo Turnover
‘this paper examines the relation between the monitoring of CEOs by inside aud outside directors and CEO resignations. CEO resignations are predicted using stock returns and earnings changes as measures of prior performance. There is a stronger association between prior performance and the prhability of a resignation for companies with outsider-dominated boards than for companies with insider-d...
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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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Public health instruments have been under constant development and renewal for decades. International legal instruments, with their binding character and strength, have a special place in this development. The start of the 21st century saw, in particular, the birth of the first World Health Organization (WHO)-era health treaties – the WHO Framework Convention on Tobacco Control (WHO FCTC) and i...
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ژورنال
عنوان ژورنال: South African Journal of Business Management
سال: 2018
ISSN: 2078-5976,2078-5585
DOI: 10.4102/sajbm.v49i1.319