| Description |
1 online resource |
| Series |
Contributions to finance and accounting, 2730-6038 |
|
Contributions to finance and accounting, 2730-6038
|
| Contents |
Introduction -- Board composition and its heterogeneity -- Directors' characteristics and firm's performance: research design and hypotheses -- Family firms board characteristics -- Econometric analysis -- Conclusions |
| Summary |
This book expands on the literature on the characteristics of management boards by especially focusing on family-listed and family-controlled companies, as they are ideal for studying board heterogeneity. It uses specific multidimensional indices and in-depth econometric analysis to introduce new variables, such as international experience, that represent a source of competitive advantage for firms in today's globalized world. In addition, by examining the heterogeneity ratio and the representation of independent and family directors, the book demonstrates how family-controlled firms use independent directors to import their heterogeneous expertise. The book makes a threefold contribution: for regulators, it offers suggestions on improving the quality of reporting in family-controlled firms; for researchers, it demonstrates the importance of including directors' characteristics apart from the firm-specific factors in their analyses; and for practitioners, it shows that selecting directors with specific characteristics can have a substantial impact on firms' performance |
| Bibliography |
Includes bibliographical references |
| Notes |
Online resource; title from PDF title page (SpringerLink, viewed March 10, 2021) |
| Subject |
Corporate governance -- Italy
|
|
Corporate governance
|
|
Italy
|
| Form |
Electronic book
|
| ISBN |
9783030562397 |
|
3030562395 |
|
