Corporate governance predictors of adoption of anti-takeover amendments: An empirical analysis

This study of 481 corporations provides an assessment of the relationship between several corporate governance variables (board composition, type of board leadership, officer and director stock holdings, institutional stock holdings, number of majority owners, existence of severance agreements) and...

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Bibliographic Details
Published in:Journal of business ethics
Authors: Rechner, Paula L. (Author) ; Sundaramurthy, Chamu (Author) ; Dalton, Dan R. (Author)
Format: Electronic Article
Language:English
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Published: Springer Science + Business Media B. V 1993
In: Journal of business ethics
Further subjects:B Empirical Analysis
B Corporate governance
B Governance Variable
B Board Composition
B Economic Growth
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Summary:This study of 481 corporations provides an assessment of the relationship between several corporate governance variables (board composition, type of board leadership, officer and director stock holdings, institutional stock holdings, number of majority owners, existence of severance agreements) and adoption of anti-takeover amendments. The results of analysis suggest that the two groups (adopters/non-adopters) differ significantly in regards to these variables.
ISSN:1573-0697
Contains:Enthalten in: Journal of business ethics
Persistent identifiers:DOI: 10.1007/BF00882027