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Board Independence and CEO Incentives
2009Contrary to a commonly-held view in the corporate governance literature, I argue theoretically that the optimal pay-performance sensitivity (PPS) should be smaller in the presence of board monitoring for a risk-averse CEO. My model is based on a simple adaptation of Holmstrom and Milgrom (Econometrica 1987).
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Carcinoma of Unknown Primary: Molecular Tumor Board-Based Therapy
Ca-A Cancer Journal for Clinicians, 2022Aditya Shreenivas +2 more
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Board incentives and board independence in dynamic agency
2015Efficiency of the board structure is usually perceived as linked to a higher degree of monitoring. If monitoring improves performance measurement signals, on which a manager is compensated, it can be considered desirable from the manager's point of view. As a result, having a low degree of board independence (many insiders on the board) may incentivize
Katolnik, Svetlana +2 more
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The American Board of Independent Medical Examiners
Journal of Occupational & Environmental Medicine, 1997K W, Peterson +11 more
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Introducing the “Virtual Tumor Board” Series in CA: A Cancer Journal for Clinicians
Ca-A Cancer Journal for Clinicians, 2020exaly
Board Independence and Corporate Misconduct: A Cross-National Meta-Analysis
Journal of Management, 2019Kris Byron +2 more
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