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We extend the existing literature on how the adoption of a lead independent director is related to corporate outcomes by documenting that the presence of a lead independent director on the board is significantly and negatively related to managerial risk-taking. The result is more pronounced for...
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This paper examines whether the relationship between tourism development and income inequality is sensitive to the media environment. Using panel data of 88 countries for the period 1996 to 2020, we find that countries that have uncensored media environments experience lower income inequality as...
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