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Outsider Directors with a Stake: The Linchpin in Improving Governance

Outsider Directors with a Stake: The Linchpin in Improving Governance

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Published by Eric Jackson
In this 2000 study, Don Hambrick and Eric Jackson discover that most commonly prescribed corporate governance structural prescriptions have no relation to long-term increases in total shareholder returns -- except for boards who have a large number of outside directors who have purchased meaningful stakes of equity in the companies out of their own pockets.
In this 2000 study, Don Hambrick and Eric Jackson discover that most commonly prescribed corporate governance structural prescriptions have no relation to long-term increases in total shareholder returns -- except for boards who have a large number of outside directors who have purchased meaningful stakes of equity in the companies out of their own pockets.

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Categories:Business/Law, Finance
Published by: Eric Jackson on Apr 20, 2009
Copyright:Attribution Non-commercial

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06/14/2009

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Reproduced with permission of the copyright owner. Further reproduction prohibited without permission.
 
Reproduced with permission of the copyright owner. Further reproduction prohibited without permission.
 
Reproduced with permission of the copyright owner. Further reproduction prohibited without permission.

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