This book expands on the literature on the characteristics of management boards by especially focusing on family-listed and family-controlled companies, as they are ideal for studying board heterogeneity. It uses specific multidimensional indices and in-depth econometric analysis to introduce new variables, such as international experience, that represent a source of competitive advantage for firms in today’s globalized world. In addition, by examining the heterogeneity ratio and the representation of independent and family directors, the book demonstrates how family-controlled firms use independent directors to import their heterogeneous expertise.
The book makes a threefold contribution: for regulators, it offers suggestions on improving the quality of reporting in family-controlled firms; for researchers, it demonstrates the importance of including directors’ characteristics apart from the firm-specific factors in their analyses; and for practitioners, it shows that selecting directors with specific characteristics can have a substantial impact on firms’ performance.
Produkteigenschaften
- Artikelnummer: 9783030562410
- Medium: Buch
- ISBN: 978-3-030-56241-0
- Verlag: Springer International Publishing
- Erscheinungstermin: 06.01.2022
- Sprache(n): Englisch
- Auflage: 1. Auflage 2021
- Serie: Contributions to Finance and Accounting
- Produktform: Kartoniert
- Gewicht: 248 g
- Seiten: 136
- Format (B x H x T): 155 x 235 x 9 mm
- Ausgabetyp: Kein, Unbekannt
Themen
- Wirtschaftswissenschaften
- Betriebswirtschaft
- Unternehmensorganisation, Corporate Responsibility
- Unternehmenskultur, Corporate Governance
- Wirtschaftswissenschaften
- Betriebswirtschaft
- Unternehmensorganisation, Corporate Responsibility
- Unternehmenskultur, Corporate Governance
- Sozialwissenschaften
- Psychologie
- Psychologische Disziplinen
- Wirtschafts-, Arbeits- und Organisationspsychologie