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to proper corporate governance and the long-term success of firms. Drawing on state-of-the-art management research as … provide strategic advice to a firm’s top management and how this impacts a firm’s long-term value creation, how heterogeneity …
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Many observers consider the most important responsibility of the board of directors its responsibility to hire and fire the CEO. To this end, an interesting situation arises when a CEO resigns and the board chooses neither an internal nor external candidate, but a current board member as...
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