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In a world where corporate boards are not required by law, I identify a governance and a distribute motive for board … interpretation of strategic board establishment, I find little effect of the presence of boards on performance. I conclude that both …
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large boards of seven or more members. …
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In this paper, the amount of income redistribution in the United States, the European Union, and Switzerland is compared and empirically related to economic, political, and behavioral determinants elaborated in the literature. Lying in between the two poles, Switzerland provides unique evidence...
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