Ownership or Performance: What Determines Board of Directors' Turnover in Italy?
نویسندگان
چکیده
Acknowledgments: We would like to thank Franco Mariuzzo and Lorenzo Rocco for their research assistance and the audiences at Università Cattolica in Milan, at the conference on Corporate Governance, Contracts, and Managerial Incentives at Humboldt University in Berlin, and at the III C.O.N.S.O.B. Seminar on Italian Financial Services for helpful suggestions. Financial support from the National Research Council (C.N.R.) Grant N.96.01407.CT10 and from the Italian Ministry of University is gratefully acknowledged. The usual disclaimers apply.
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