Does the reputation mechanism apply to independent directors in emerging markets? Evidence from China
We examine whether reputable independent directors improve firm performance and governance quality in emerging markets, using data from China. Firms with such directors, measured as the number of directorships in other listed firms, have higher profitability, operating efficiency and productivity. T...
Main Authors: | , |
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Format: | Article |
Language: | English |
Published: |
Elsevier
2023-03-01
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Series: | China Journal of Accounting Research |
Subjects: | |
Online Access: | http://www.sciencedirect.com/science/article/pii/S1755309122000636 |