Are Connected Directors Valuable Advisors or Ineffective Monitors?Evidence from Diversification Discount
碩士 === 國立中正大學 === 會計與資訊科技研究所 === 101 === We investigate the impact of board centrality on the valuation of diversification. Our empirical results show that well-connected directors improve firm value more in diversified firms than in focused firms. Our results are robust to controlling for potential...
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| Format: | Others |
| Language: | en_US |
| Published: |
2013
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| Online Access: | http://ndltd.ncl.edu.tw/handle/52235300804046906719 |