Independence or in-dependence? Non-strict board independence among publicly listed firms

• Main Authors: Li Liao,, Evan Lance C., Unite, Angelo A., Sullivan, Michael J., Shi, Ailyn A.
• Format: text
• Published: Animo Repository 2019
• Subjects: Corporate Finance
• Online Access: https://animorepository.dlsu.edu.ph/faculty_research/12205
• Institution: De La Salle University

Board independence is thought of as a corporate governance tool that mitigates agency conflicts among firms with either a widely held ownership structure or a highly concentrated ownership structure. As a result, having a high degree of board independence is adopted as the best corporate governance...