Sun, Ye; Yi, Yang; Lin, Bin - In: China journal of accounting research : CJAR 5 (2012) 2, pp. 145-161
When there is high information asymmetry between directors and managers, independent directors do not have enough … enough information to provide advice and monitor managers, and only under these conditions can increasing their proportion on … the board effectively reduce agency problems, such as driving managers to disclose information to investors. Using a …