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The Evolution of Bank Boards of Directors in New York, 1840-1950

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NBER2014-04-01 更新2025-01-04 收录
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Contemporary bank governance is criticized for manager-dominated (insider) boards of directors, but from the beginning of the nineteenth century, bank presidents appear also to have operated as chairmen of the boards of directors. However, the managers were constrained by a variety of rules that

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2014-04-01
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