Higher market valuation of companies with a small board of directors

Author:

Yermack David

Publisher

Elsevier BV

Subject

Strategy and Management,Economics and Econometrics,Finance,Accounting

Reference31 articles.

1. Managers, owners, and the pricing of risky debt: An empirical analysis;Bagnani;Journal of Finance,1994

2. Corporate governance and the board of directors: Performance effects of changes in board composition;Baysinger;Journal of Law, Economics and Organization,1985

3. Diversification's effect on firm value;Berger;Journal of Financial Economics,1995

4. Outside directors and the adoption of poison pills;Brickley;Journal of Financial Economics,1994

5. Do outside directors monitor managers?;Byrd;Journal of Financial Economics,1992

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