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We examine the influence of outside directors' industry experience on segment investment, segment operating performance, and firm valuation for conglomerates. Given board composition is endogenous, we instrument for the presence of industry expert directors using the supply of experienced...
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UK and the Netherlands has been used. Research findings did not show convincing support for the main research question … nationality diversity within the executive boards between Germany, UK and the Netherlands are discussed and tested. Lastly, this … UK and the Netherlands. First, the findings show that more foreigners within the executive board would lead to higher …
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