Do outside directors with government experience create value?

• Main Authors: Kang, Jun-Koo, Zhang, Le
• 其他作者: Nanyang Business School
• 格式: Article
• 語言: English
• 出版: 2019
• 主題: Firm Value; Business::Finance; Government Director
• 在線閱讀: 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...