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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Main Authors: | , , , |
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Format: | text |
Language: | English |
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Institutional Knowledge at Singapore Management University
2015
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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 |