Publication: Board Composition, Ownership Structure and Firm Value: Empirical Evidence from Switzerland
Board Composition, Ownership Structure and Firm Value: Empirical Evidence from Switzerland
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Jentsch, V. (2019). Board Composition, Ownership Structure and Firm Value: Empirical Evidence from Switzerland. European Business Organization Law Review, 20, 203–254. https://doi.org/10.1007/s40804-018-00128-6
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Various corporate law and governance theories inform us that board independence, management ownership and blockholder ownership are important elements of the overall corporate governance system. The empirical evidence on the effectiveness of these elements is, however, mixed at best. Moreover, the results and conclusions of prior theoretical and empirical research are typically country-specific and often not universally applicable. The empirical analysis conducted in this article is based on a panel data set consisting of 43 large pub
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Jentsch, V. (2019). Board Composition, Ownership Structure and Firm Value: Empirical Evidence from Switzerland. European Business Organization Law Review, 20, 203–254. https://doi.org/10.1007/s40804-018-00128-6