|
Sign In to gain access to subscriptions and/or personal tools.
|
Independence of the Chairman and Board Composition: Firm Choices and Shareholder Value
Jerilyn W. Coles
Arizona State University West
William S. Hesterly
University of Utah
This paper examines the role of leadership structure and board composition in the context of poison pill adoptions. We distinguish, for the first time, independent, separated leadership structures from non-independent, separated leadership structures. Our results suggest that there is an important interaction effect between board composition and the independence of the board Chairman, and that while there is a critical monitoring role for outside directors, inside directors also provide a critical informational role in board decision-making.
Journal of Management, Vol. 26, No. 2,
195-214 (2000)
DOI: 10.1177/014920630002600202

CiteULike Complore Connotea Del.icio.us Digg Reddit Technorati Twitter What's this?
This article has been cited by other articles:

|
 |

|
 |
 
Y. Y. Kor and C. Sundaramurthy
Experience-Based Human Capital and Social Capital of Outside Directors
Journal of Management,
August 1, 2009;
35(4):
981 - 1006.
[Abstract]
[PDF]
|
 |
|

|
 |

|
 |
 
D. K. Oler, J. S. Harrison, and M. R. Allen
The danger of misinterpreting short-window event study findings in strategic management research: an empirical illustration using horizontal acquisitions
Strategic Organization,
May 1, 2008;
6(2):
151 - 184.
[Abstract]
[PDF]
|
 |
|

|
 |

|
 |
 
Y. Deutsch
The Impact of Board Composition on Firms' Critical Decisions: A Meta-Analytic Review
Journal of Management,
June 1, 2005;
31(3):
424 - 444.
[Abstract]
[PDF]
|
 |
|

|
 |

|
 |
 
M. M. Bange and M. A. Mazzeo
Board Composition, Board Effectiveness, and the Observed Form of Takeover Bids
Rev. Financ. Stud.,
October 1, 2004;
17(4):
1185 - 1215.
[Abstract]
[Full Text]
[PDF]
|
 |
|

|
 |

|
 |
 
P. Dunn
The Impact of Insider Power on Fraudulent Financial Reporting
Journal of Management,
June 1, 2004;
30(3):
397 - 412.
[Abstract]
[PDF]
|
 |
|

|
 |

|
 |
 
B. R. Bartkus, S. A. Morris, and B. Seifert
Governance and Corporate Philanthropy: Restraining Robin Hood?
Business Society,
September 1, 2002;
41(3):
319 - 344.
[Abstract]
[PDF]
|
 |
|
|
|