Evaluation of board reforms: An examination of the appointment of outside directors

Byung-Seong Min

Journal of the Japanese and International Economies, 2013, vol. 29, issue C, 21-43

Abstract: Existing literature on the evaluation of the economic consequences of board reforms has some limitations including: their estimation results fail to show the causal effects of the regulatory reforms; they have limited policy implications for an economy where family businesses are dominant; and there is a lack of consensus on the impacts of the reforms.

Keywords: Corporate governance; Outside director; Regulation; Chaebol; Policy evaluation (search for similar items in EconPapers)
JEL-codes: G34 G38 (search for similar items in EconPapers)
Date: 2013
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Citations: View citations in EconPapers (7)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:jjieco:v:29:y:2013:i:c:p:21-43

DOI: 10.1016/j.jjie.2013.05.001

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