Do Banks Price Independent Directors’ Attention?
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DOI: 10.1017/s0022109018000157
Abstract: Masulis and Mobbs (2014), (2015) find that independent directors with multiple directorships allocate their monitoring efforts unequally based on a directorship’s relative prestige. We investigate whether bank loan contract terms reflect such unequal allocation of… read more here.
Keywords: directors attention; independent directors; price independent; banks price ... See more keywords