Ownership concentration, monitoring, and optimal board structure

  • Graziano C
  • Luporini A
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Abstract

We analyze the choice between a one-tier and a two-tier board structure in a firm with a large shareholder sitting on the board . The board has two tasks: project selection and monitoring the ability of the manager. In a one-tier structure , the sole board performs all ...

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  • SCOPUS: 2-s2.0-84873448618
  • ISSN: 15452921
  • PUI: 368289625
  • SGR: 84873448618

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