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

• المؤلفون الرئيسيون: BAR-HAVA, Keren, HUANG, Sterling Zhenrui, SEGAL, Benjamin, Segal, Dan
• التنسيق: text
• اللغة: English
• منشور في: Institutional Knowledge at Singapore Management University 2015
• الموضوعات: outside directors; resignation; disagreement; Accounting; Corporate Finance
• الوصول للمادة أونلاين: https://ink.library.smu.edu.sg/soa_research/818; https://ink.library.smu.edu.sg/cgi/viewcontent.cgi?article=1817&context=soa_research

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...