Shiah-Hou, Shin-Rong; Cheng, Chin-Wei - In: Managerial Finance 38 (2012) October, pp. 914-938
Purpose – The purpose of this paper is to explore how outside directors' experience and their compensation affect firm performance through the quality of their monitoring and advising, when traditional board structure devices do not seem to work well. Design/methodology/approach – First, the...