## Abstract The paper examines how banking relationships and managerial ownership relate to firm valuation. It is argued that both the number of banking relationships (which serves as an external monitoring function) and managerial ownership (which serves as an internal monitoring function) affect
β¦ LIBER β¦
Board Composition, Managerial Ownership, and Firm Performance: An Empirical Analysis
β Scribed by Scott W. Barnhart; Stuart Rosenstein
- Book ID
- 109178110
- Publisher
- John Wiley and Sons
- Year
- 1998
- Tongue
- English
- Weight
- 882 KB
- Volume
- 33
- Category
- Article
- ISSN
- 0732-8516
No coin nor oath required. For personal study only.
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## Abstract Flemish nonβprofit schools have no legally imposed composition rules with respect to their board of directors. Hence, large variation exists in their size and composition. We argue that these differences in board composition can result in different policies followed by the board. To emp