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We investigate whether outside board memberships of CEOs signal expertise or entrenchment. The analysis is based on panel data of the largest German companies covering the period from 1996 to 2008. Supporting the entrenchment hypothesis, our analysis reveals that firms having a CEO with one or...
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Unternehmen als Vorstand tätig sind, erhöhen hingegen tendenziell den Erfolg des kontrollierten Unternehmens. Zusätzliche …
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