SALE ON NOW! PROMOTIONS

Close Notification

Your cart does not contain any items

Corporate Board of Directors

Structure and Efficiency

Ismail Lahlou

$189.95   $151.71

Hardback

Not in-store but you can order this
How long will it take?

QTY:

English
Springer Nature Switzerland AG
12 January 2019
Corporate governance, a subject that a few decades ago escaped the attention of all but a handful of academics and shareholders, has gradually become a central concern worldwide. This book contributes to the existing literature on the structure and effectiveness of corporate boards. It comprises three topics that address distinct research questions on board structure, the deployment of board resources to monitoring and advisory duties, and the use of equity-based incentives in the compensation packages of directors. Firstly, the book provides strong new evidence on the importance of corporate board functions in value creation. Secondly, it provides some evidence of the potential conflict between the two primary functions of corporate boards. The results indicate that while the board’s advising quality weakens when the board is principally devoted to monitoring duties, the presence of advisory directors on the board does not have any impact on the effectiveness of board oversight, which offers a more complete view on the tradeoffs between the board’s two major functions. Finally, the results suggest that the closer directors' compensation is tied to the firm's stock, the more consistent corporate acquisition decisions are with shareholder interests.
By:  
Imprint:   Springer Nature Switzerland AG
Country of Publication:   Switzerland
Edition:   2018 ed.
Dimensions:   Height: 210mm,  Width: 148mm, 
Weight:   454g
ISBN:   9783030050160
ISBN 10:   3030050165
Pages:   204
Publication Date:  
Audience:   Professional and scholarly ,  Undergraduate
Format:   Hardback
Publisher's Status:   Active
Chapter 1. The Impact of Corporate Board Characteristics on Firm Value: A Literature Survey.- Chapter 2. Determinants of Board Size, Composition and Leadership.- Chapter 3. The Monitoring and Advisory Functions of Corporate Boards.- Chapter 4. Director Compensation Incentives and Acquisition Outcomes.

Ismail Lahlou is an Associate Professor of Finance at the University of Burgundy, France. He is also a Research Associate in Corporate Finance at the Management of Organizations Research Centre. Lahlou earned his Ph.D. from the University of Rennes and was a visiting scholar at HEC Paris. His research interests are corporate finance, corporate governance, board of directors and director compensation. He teaches corporate finance, corporate governance, and financial management.

See Also