Do independent directors tell the truth, the whole truth, and nothing but the truth when they resign?
We examine the informativeness and credibility of independent directors’ stated resignation reasons. We posit that having access to private information, directors may resign in anticipation of weak future underperformance to limit damage to their reputation and further have an incentive to mask the...
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| Main Authors: | , , , |
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| Format: | text |
| Language: | English |
| Published: |
Institutional Knowledge at Singapore Management University
2018
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| Subjects: | |
| Online Access: | https://ink.library.smu.edu.sg/soa_research/1727 https://ink.library.smu.edu.sg/context/soa_research/article/2754/viewcontent/0148558x18780801.pdf |
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| Institution: | Singapore Management University |
| Language: | English |