Alves, Paulo; Couto, Eduardo; Francisco, Paulo - Volkswirtschaftliche Fakultät, … - 2014
analyses the association between the board of directors’ composition and firm financing policies. Particularly, the fraction of … independent directors on the board, the fraction of female directors, the board size, and whether the Chief Executive Officer (CEO …) is also the chairman of the board are analysed. It is conjectured that a more independent and efficient board leads to a …