Should Independent Board Members with Social Ties to Management Disqualify Themselves from Serving on the Board?
This paper examines whether independent directors who have social ties to management (inside directors) can effectively perform their fiduciary duty to monitor management on behalf of shareholders. Ex ante, it is not clear whether social ties will enhance or obstruct the quality of board performance...
| Main Author: | |
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| Format: | Electronic Article |
| Language: | English |
| Check availability: | HBZ Gateway |
| Journals Online & Print: | Drawer...
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| Fernleihe: | Fernleihe für die Fachinformationsdienste |
| Published: |
Springer
2011
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| In: |
Journal of business ethics
Year: 2011, Volume: 99, Issue: 3, Pages: 399-423 |
| Further subjects: | B
Social Network
B Independent directors B Corporate governance B Social ties B financial reporting quality B CEO compensation |
| Online Access: |
Volltext (JSTOR) Volltext (lizenzpflichtig) |