Does independent directors' monitoring affect reputation? Evidence from the stock and labor markets
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DOI: 10.1016/j.cjar.2018.01.002
Abstract: Using novel data on independent directors’ opinions in China, we investigate the stock and labor market effects prompted by independent directors publicly saying ‘no’ to major board decisions. We find that the market reacts negatively… read more here.
Keywords: monitoring affect; labor; independent directors; stock labor ... See more keywords