Board independence as a panacea to tunneling? An empirical study of related party transactions in Hong Kong and Singapore
This article examines the effect of imposing higher board independence requirements on private benefit extraction by corporate management or controlling shareholders in Hong Kong and Singapore. This article shows that higher board independence negatively correlates with fewer related-party transacti...
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| Main Authors: | , , |
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| Format: | text |
| Language: | English |
| Published: |
Institutional Knowledge at Singapore Management University
2017
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| Subjects: | |
| Online Access: | https://ink.library.smu.edu.sg/sol_research/2821 https://ink.library.smu.edu.sg/context/sol_research/article/4779/viewcontent/SSRN_id2991423.pdf |
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| Institution: | Singapore Management University |
| Language: | English |