The Effect of Board Independence on Information Asymmetry
Boards have an important role in ensuring that investors’ interests are protected. Our paper first examines whether the independence of a firm's board affects information asymmetry among investors. We provide evidence that greater board independence leads to lower information asymmetry. Next, w...
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| Main Authors: | , , , |
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| Format: | text |
| Language: | English |
| Published: |
Institutional Knowledge at Singapore Management University
2016
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| Subjects: | |
| Online Access: | https://ink.library.smu.edu.sg/soa_research/1435 https://ink.library.smu.edu.sg/context/soa_research/article/2434/viewcontent/EffectBoardIndependenceInformation_Asymmetry_2015_pp.pdf |
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| Institution: | Singapore Management University |
| Language: | English |