Accounting for Taste: Board Member Preferences and Corporate Policy Choices
This paper explores whether firms that share common directors also pursue similar corporate policies. Using a sample of 885 U.S. firms with common directors, we find that director fixed effects strongly explain variation in firms'...
Main Authors: | , , |
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Format: | Working Paper |
Language: | en_US |
Published: |
2003
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Subjects: | |
Online Access: | http://hdl.handle.net/1721.1/3515 |