Do outside directors with government experience create value?

• المؤلفون الرئيسيون: Kang, Jun-Koo, Zhang, Le
• مؤلفون آخرون: Nanyang Business School
• التنسيق: مقال
• اللغة: English
• منشور في: 2019
• الموضوعات: Firm Value; Business::Finance; Government Director
• الوصول للمادة أونلاين: https://hdl.handle.net/10356/93614; http://hdl.handle.net/10220/50206

We examine whether outside directors with government experience add value to their firms. We find that government directors are more likely to miss board meetings and that their appointment announcements are greeted more negatively. Firms with government directors also experience poorer operating pe...