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We examine the relationship between how mutual fund sponsors configure their board(s) of directors and the performance of the funds under a particular board's purview. Fund sponsors utilize either one board to oversee all the funds within a fund family or multiple boards that oversee one fund or...
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the firm. The findings may be useful for the financial managers, investors, and financial management consultants. -- board …
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financial managers, investors, and financial management consultants. -- board size ; CEO duality ; corporate liquidity ; firm …
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