Are multiple directorships beneficial in East Asia?

We posit that the benefits and costs of multiple directorships are conditional on firm characteristics. We find firm valuation is positively associated with multiple directorships in (i) firms with high advising needs and (ii) firms with high external financing needs. These beneficial effects of multiple...

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Main Authors: Lee, Kin-Wai, Lee, Cheng-Few
其他作者: Nanyang Business School
格式: Article
語言:English
出版: 2013
在線閱讀:https://hdl.handle.net/10356/97981
http://hdl.handle.net/10220/12283
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機構: Nanyang Technological University
語言: English