Agency theory and corporate governance: A study of the effectiveness of board in their monitoring of the CEO

作者: Livia Bonazzi , Sardar M.N. Islam

DOI: 10.1108/17465660710733022

关键词: StakeholderComposition (language)Probability of successPrincipal–agent problemControl (management)EconomicsFunction (engineering)Value (ethics)AccountingCorporate governance

摘要: … implicit, that is the CEO could nominate new board members subject to a tacit understanding … be chosen. Were the CEO to violate this understanding, the board would refuse to approve …

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