Do Outside Directors Tell the Truth, the Whole Truth and Nothing but the Truth when They Resign

This study examines the information content of the reasons for resignations by outside directors. Since directors are privy to private information about the firm, they may resign when they foresee future underperformance of the firm in order to reduce or eliminate damage to their reputation because...

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Bibliographic Details
Main Authors: BAR-HAVA, Keren, HUANG, Sterling Zhenrui, SEGAL, Benjamin, Segal, Dan
Format: text
Language:English
Published: Institutional Knowledge at Singapore Management University 2015
Subjects:
Online Access:https://ink.library.smu.edu.sg/soa_research/818
https://ink.library.smu.edu.sg/cgi/viewcontent.cgi?article=1817&context=soa_research
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Institution: Singapore Management University
Language: English