Fahlenbrach, Rüdiger; Kim, Hyemin; Low, Angie - 2018
Directors are more likely to obtain additional directorships, especially at prestigious firms, if the CEOs of their … current boards are well-connected. Recommended directors do not become beholden to the CEO, as CEO compensation is unaffected … directors if they recently received help from their network filling vacant board positions. Overall, there is little evidence …