Mackay, Will; Shan, Yuan George; Howieson, Bryan - In: International Journal of Accounting, Auditing and … 11 (2015) 2, pp. 130-160
The purpose of the paper is to examine the effectiveness of board and chairperson independence as a corporate governance mechanism. We examine 4,637 Australian firms over the period 2004 to 2008. The study presents a multinomial model of CEO dismissal. Our results indicate that independent...