Corporate governance and firm performance: The sequel

Sanjai Bhagat and Brian Bolton

Journal of Corporate Finance, 2019, vol. 58, issue C, 142-168

Abstract: Director stock ownership is most consistently and positively related to future corporate performance. Public policymakers and long-term investors should find this result especially relevant given their strong interest in long-term corporate performance. Equally important, corporate governance researchers should consider director stock ownership as a measure of corporate governance; this will also aid in the comparability of results across different studies.

Date: 2019
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Citations: View citations in EconPapers (50)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:corfin:v:58:y:2019:i:c:p:142-168

DOI: 10.1016/j.jcorpfin.2019.04.006

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