Purpose – The purpose of this paper is to explore how outside directors' experience and their compensation affect firm … research should investigate the social relationships between outside directors, which also affect the functions of monitoring …

significant difference in the proportion of directors has turned over from bank boards since 2007 relative to boards of 1 … the chairperson and CEO's position or of an increase in the number of directors appointed outside of the current CEO …'s tenure in the post crisis period, relative to nonbanks; (iii) that the number of outside board seats of bank directors, a …