Joni, Joni; Widjaja, Jahja Hamdani; Natalia, Maria; … - In: ACRN journal of finance and risk perspectives 10 (2021), pp. 128-138
We investigate whether political independent supervisory boards (political I-SBs) help companies to reduce their … system. This system promotes the strategic role of political I-SBs. Second, we use two measures of corporate risks: operating … market risk analysis, we find that firms with political I-SBs have lower operating and market risks than firms with …