The Wolf Hall trilogy concludes
Days : Hours : Minutes : Seconds
How Reported Board Independence Overstates Actual Board Independence in Family Firm: A Methodological Concern - Annals of Corporate Governance (Paperback)
  • How Reported Board Independence Overstates Actual Board Independence in Family Firm: A Methodological Concern - Annals of Corporate Governance (Paperback)
zoom

How Reported Board Independence Overstates Actual Board Independence in Family Firm: A Methodological Concern - Annals of Corporate Governance (Paperback)

(author), (author), (author)
£78.00
Paperback 116 Pages / Published: 01/03/2018
  • Not available

This product is currently unavailable

This product is currently unavailable.

  • This item has been added to your basket
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.

Publisher: now publishers Inc
ISBN: 9781680834048
Number of pages: 116

You may also be interested in...

The Independent Director
Added to basket
Corporate Governance Matters
Added to basket
The Fish Rots From The Head
Added to basket
Exposure
Added to basket
£11.99
Paperback
Governance: A Very Short Introduction
Added to basket
How to Run a Limited Company
Added to basket
Leading Change toward Sustainability
Added to basket
The Three Secrets of Green Business
Added to basket
Company Law in Context
Added to basket
The Keys to the Boardroom
Added to basket
Corporate Responsibility
Added to basket
International Corporate Governance
Added to basket

Please sign in to write a review

Your review has been submitted successfully.