Too Much of a Good Thing? Board Independence and the Value of Initial Public Offerings
نویسندگان
چکیده
Building on agency and resource dependence theories, we study the relationship between value of initial public offerings extent board independence, which find to be an inverted U-shape: beyond a certain threshold, independence becomes excessive. Consistent with theory, U-shaped is more pronounced when ownership control rights are separated. in companies higher industry diversification less roles CEO president directors
منابع مشابه
Hyperoxemia – too much of a good thing?
While avoiding hypoxemia has long been a goal of critical care practitioners, less attention has been paid to the potential for excessive oxygenation. Interest has mounted recently in understanding the clinical effects of hyperoxemia during critical illness, in particular its impact following cardiac arrest. In this issue of Critical Care, Dell'Anna and colleagues review available animal and hu...
متن کاملGlyphosate: Too Much of a Good Thing?
Although previously accepted as the less toxic alternative, with low impact on animals, farmers as well as consumers who are exposed to residues in food, glyphosate chemicals are now increasingly controversial as new evidence from research is emerging. We argue that specific aspects of the history, chemistry and safety of glyphosate and glyphosate-based herbicides should be thoroughly considere...
متن کاملToo Much of a Good Thing?*
discrepancy theories generally, assumes that people are motivated to verify their identities by seeking feedback from others which is not discrepant from their own self-views (Burke 1991; Burke and Stets 1999; Higgins 1987; Higgins, Klein, and Strauman 1985; Stets and Burke 1996; Swann 1983). When the dimension of meaning that is relevant to the identity is one of evaluation, people want others...
متن کاملToo much of a good thing?
It sometimes seems that there are too many academic scientists. I’m sure you know the feeling — it tends to emerge when people you think are not up to scratch get grants, or occupy lab space that you’d like for yourself. But I feel the same way when I consider the enormous numbers of scientific papers that nobody cites and which, therefore, presumably nobody reads. Governments and charities are...
متن کاملToo much of a good thing: the curse of overfeeding
Enteral nutrition (EN) gives a legacy of under nutrition in intensive care patients but few appreciate that parenteral nutrition (PN) carries the other risk of overfeeding if used injudiciously. Over-feeding presents a significant metabolic stress but tight glycaemic control is now masking the traditional warning signs and does not on its own negate the need to give patients the right amount at...
متن کاملذخیره در منابع من
با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید
ژورنال
عنوان ژورنال: British Journal of Management
سال: 2022
ISSN: ['1467-8551', '1045-3172']
DOI: https://doi.org/10.1111/1467-8551.12634