Description
Corporate Governance and Firm Value in Italy, 1st ed. 2021
How Directors and Board Members Matter
Contributions to Finance and Accounting Series
Author: Buchetti Bruno
Language: EnglishSubjects for Corporate Governance and Firm Value in Italy:
Publication date: 01-2022
136 p. · 15.5x23.5 cm · Paperback
Publication date: 01-2021
136 p. · 15.5x23.5 cm · Hardback
Description
/li>Contents
/li>Biography
/li>Comment
/li>
This book expands on the literature on the characteristics of management boards by especially focusing on family-listed and family-controlled companies, as they are ideal for studying board heterogeneity. It uses specific multidimensional indices and in-depth econometric analysis to introduce new variables, such as international experience, that represent a source of competitive advantage for firms in today?s globalized world. In addition, by examining the heterogeneity ratio and the representation of independent and family directors, the book demonstrates how family-controlled firms use independent directors to import their heterogeneous expertise.
The book makes a threefold contribution: for regulators, it offers suggestions on improving the quality of reporting in family-controlled firms; for researchers, it demonstrates the importance of including directors? characteristics apart from the firm-specific factors in their analyses; and for practitioners, it shows that selecting directors with specific characteristics can have a substantial impact on firms? performance.
These books may interest you
Pay Variation in Family Firms 52.74 €