Larger board size and decreasing firm value in small firms1We wish to thank Asiakastieto Oy for furnishing us with the data analyzed here, Clas Bergström, Jonathan Macey, David Yermack, and an anonymous referee for helpful comments, and Linda Bölling for excellent research assistance. Sundgren's research was supported by NÖDFOR and the Academy of Finland. Much of the work on this article was completed while Sundgren was a John M. Olin Fellow at Cornell Law School. Well's research was supported by NSF grant DMS 9625440.1-Reference-Cited by-同舟云学术

Larger board size and decreasing firm value in small firms1We wish to thank Asiakastieto Oy for furnishing us with the data analyzed here, Clas Bergström, Jonathan Macey, David Yermack, and an anonymous referee for helpful comments, and Linda Bölling for excellent research assistance. Sundgren's research was supported by NÖDFOR and the Academy of Finland. Much of the work on this article was completed while Sundgren was a John M. Olin Fellow at Cornell Law School. Well's research was supported by NSF grant DMS 9625440.1

Published:1998-04 Issue:1 Volume:48 Page:35-54
ISSN:0304-405X
Container-title:Journal of Financial Economics
language:en
Short-container-title:Journal of Financial Economics

Author:

Eisenberg Theodore,Sundgren Stefan,Wells Martin T.

Publisher

Elsevier BV

Subject

Strategy and Management,Economics and Econometrics,Finance,Accounting

Reference16 articles.

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2. Essays in the Theory of Risk-bearing;Arrow,1971

3. Bhagat, S., Black, B., 1996. Do independent directors matter? (March 1996 paper presented at the American Law and Economics Association Meeting, Chicago, May 10–11, 1996).

4. Cases and Materials on Corporations;Cary,1995

5. Konkurs Eller Rekonstruktion;Eisenberg,1995

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