Monitoring or empowering CEOs? The moderating effect of shareholder rights
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DOI: 10.1016/j.ribaf.2018.06.006
Abstract: Abstract This paper explains the conflicting evidence found on agency and stewardship theories in the previous literature, by introducing shareholder rights as a moderator for the board independence-firm performance relationship. Consistent with agency (stewardship) theory,… read more here.
Keywords: shareholder; moderating effect; monitoring empowering; empowering ceos ... See more keywords