On the antecedents of corporate severance agreements: An empirical assessment  

Oleh:

Dalton, Dan R. ; Rechner, Paula L.

Jenis: Article from Journal - ilmiah internasional
Dalam koleksi: Journal of Business Ethics vol. 8 no. 6 (Jun. 1989), page 455.
Topik: Corporate Severance Agreements; Corporate Governance Variables; Common Stock

Ketersediaan

Perpustakaan Pusat (Semanggi) Nomor Panggil: BB27.10 Non-tandon: 1 (dapat dipinjam: 0) Tandon: tidak ada

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Isi artikel

This study of major corporations (n=481) provides an empirical assessment of the effects of several corporate governance variables (CEO duality, boards of director composition, officers and directors common stock holdings, institutional common stock holdings, number of majority owners) on the adoption of so-called severance agreements. A discriminant analysis indicates a significant multivariate function. Wilks lambda univariate analyses suggest that the percentage of common stock held by owners and directors and number of majority stock holders are the more robust discriminators.

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