outside mandates enhance managerial power at the expense of the home firm's shareholders. …

) directors. In contrast, this paper shows that some lack of board independence can be in the interest of shareholders. This … shareholders if the problem of providing appropriate incentives to the CEO is weak (severe). …

management. It should be noted that share prices trigger increases in CEO remuneration only if the share price returns are higher …, the lack of blockholders gives management more …

The most important responsibility of cooperative directors is to judiciously ask the right questions of management. It … has been suggested that some directors do not know all of the correct questions to ask of management, or how. The purpose … of this paper is fourfold: 1) To briefly describe how directors should pose questions to management, 2) To provide an …

shareholders is required to reach an absolute majority of voting rights. Even though the average firm has a dispersed ownership … example, has an important impact on the ownership structure. In about 4% of sample companies, corporate shareholders hold just … under 30 per cent of the shares. Second, institutional investors are the most important category of shareholders. However …