Board independence and the efficiency of internal capital markets. (c2015)
This paper focuses on the effect of increased board independence on the efficiency of internal capital markets in diversified firms. We find that the increase in board independence post-SOX may have moved firms away from their optimal board structure. Our results suggest that, relative to the pre-SO...
Saved in:
| Main Author: | |
|---|---|
| Format: | masterThesis |
| Published: |
2016
|
| Subjects: | |
| Online Access: | http://hdl.handle.net/10725/3432 https://doi.org/10.26756/th.2015.44 http://libraries.lau.edu.lb/research/laur/terms-of-use/thesis.php |
| Tags: |
Add Tag
No Tags, Be the first to tag this record!
|