•  Retrait gratuit dans votre magasin Club
  •  7.000.000 titres dans notre catalogue
  •  Payer en toute sécurité
  •  Toujours un magasin près de chez vous     
  •  Retrait gratuit dans votre magasin Club
  •  7.000.000 titres dans notre catalogue
  •  Payer en toute sécurité
  •  Toujours un magasin près de chez vous
  1. Accueil
  2. Livres
  3. Sciences humaines
  4. Economie & Management
  5. Management
  6. How Reported Board Independence Overstates Actual Board Independence in Family Firms

How Reported Board Independence Overstates Actual Board Independence in Family Firms

A Methodological Concern

Iram Fatima Ansari, Marc Goergen, Svetlana Mira
Livre broché | Anglais | Annals of Corporate Governance
81,45 €
+ 162 points
Livraison sous 1 à 4 semaines
Passer une commande en un clic
Payer en toute sécurité
Livraison en Belgique: 3,99 €
Livraison en magasin gratuite

Description

How Reported Board Independence Overstates Actual Board Independence in Family Firms: A Methodological Concern studies board independence in French, German, and UK listed family firms. It focuses on these countries because of their distinct legal and corporate governance systems. While investor protection is strong under UK common law, it is much weaker under French and German civil law. Ownership and control are much more concentrated in France and Germany compared to the UK and the three countries also differ in terms of their board structures. This monograph contributes to the literature both methodologically and empirically. After a short introduction, Section 2 reviews the literature on the influence of ownership and control of families in their firms, with particular focus on the CEO succession decision. The authors suggest that the choice of the CEO successor in family firms is determined by important corporate governance characteristics of these firms, the key determinant being correctly measured board independence. The discussion in this section is critical to support and develop the proposed measure of board independence in family controlled firms. Section 3 focuses on directors' independence. This section begins with a discussion of the recommendations regarding board independence in the codes of best practice of France, Germany, and the UK. This is followed by a review of the literature and the motivation for adjusting directors' independence. The authors present their methodology for the adjusted measure in Section 4, followed by a discussion of the observed differences between conventional and adjusted board independence in Section 5. Finally, Section 6 concludes.

Spécifications

Parties prenantes

Auteur(s) :
Editeur:

Contenu

Nombre de pages :
116
Langue:
Anglais
Collection :

Caractéristiques

EAN:
9781680834048
Date de parution :
28-03-18
Format:
Livre broché
Format numérique:
Trade paperback (VS)
Dimensions :
156 mm x 234 mm
Poids :
176 g

Les avis