"Es wächst zusammen, was zusammen gehört", kommentierte Willy Brandt 1989 den Mauerfall. 30 Jahre nach dem Mauerfall ist schon vieles zusammengewachsen, aber trotz vieler positiver Erfolge gilt Ostdeutschland weiterhin als strukturschwach, mit niedrigeren Löhnen und geringerer...

This study draws attention to the impact of prior board experiences on the variation in new insider CEOs' degree of “insiderness” in terms of commitment to the status quo and their propensity to make strategic change. We theorize and find that new insider CEOs' prior board experience at the...

Effective monitoring of management is at the core of the corporate governance debate. One tool to compensate for existing monitoring deficits is the independent director. While board independence is a global standard of “good corporate governance,” it has increasingly become the subject of...