Kim, Kyonghee; Mauldin, Elaine; Patro, Sukesh - In: Journal of Accounting and Economics 57 (2014) 2, pp. 110-131
Divergent views exist about whether boards must tradeoff advising for monitoring performance when utilizing outside versus inside directors. We suggest a dichotomous tradeoff focus underestimates outside directors׳ impact on board performance. We find outside director tenure positively...