Staggered Boards and the Wealth of Shareholders: Evidence from Two Natural Experiments
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https://www.nber.org/papers/w17127
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While staggered boards have been documented to be negatively correlated with firm valuation, such association might be due to staggered boards either bringing about lower firm value or merely reflecting the tendency of low-value firms to have staggered boards. In this paper, we use two natural
提供机构:
美国国家经济研究局
创建时间:
2011-06-01



