Social networks and risk taking: Evidence from corporate control activities
This paper investigates the impact of social ties between the Chief Executive Officer (CEO) andboard members on corporate risk-taking in mergers and acquisitions (M&As) and on shareholdervalue. Using a measure of CEO-director connections in a large sample of U.S. firms from 2000 to2010, we docum...
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| Format: | text |
| Language: | English |
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Institutional Knowledge at Singapore Management University
2012
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| Online Access: | https://ink.library.smu.edu.sg/lkcsb_research/5661 https://ink.library.smu.edu.sg/context/lkcsb_research/article/6660/viewcontent/2012_Yen_Teik_Lee_Social_networks_and_risk_taking.pdf |
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| Institution: | Singapore Management University |
| Language: | English |