CEO networks and the labor market for directors

Directors at firms with well-connected CEOs are more likely to obtain directorships at firms that are connected to the CEOs. Recommended directors do not become beholden to the CEO. Reciprocity is an important determinant of recommendations because CEOs are more likely to recommend their directors i...

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Bibliographic Details
Main Authors: Kim, Hyemin, Fahlenbrach, Rüdiger, Low, Angie
Other Authors: Nanyang Business School
Format: Article
Language:English
Published: 2023
Subjects:
Online Access:https://hdl.handle.net/10356/165635
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Institution: Nanyang Technological University
Language: English