We find that firms that act as product leaders (operational excellence) tend to make less (more) disclosures by offering more (less) no-answers and refusals to questions during earnings conference calls, consistent with product leaders withholding product-related information and operational...

Cover -- Title Page -- Copyright Page -- Contents -- Preface -- About the Authors -- Chapter 1 Introduction to Strategic Governance and Internal Governance Actors -- Internal Governance -- Purposes for Boards of Directors -- Board Structure and Process: Effective Board Strategic Control and...

"This book focuses on strategic governance, which pertains to the influence of governance actors (those whose interests are directly or indirectly tied to firms and therefore motivated to influence firm strategic decisions, e.g., the board of directors, institutional investors, and securities...