The shareholder wealth effects of an executive joining another company's board

Purpose: The purpose of this paper is to examine the impact of high-level executives joining the Board of another US company on the shareholder wealth of the firms in which these executives work. Design/methodology/ approach: The "event-study" methodology is used first to estimate the shar...

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Bibliographic Details
Main Authors: Byrd, J., Martin, L., Rath, Subhrendu
Format: Journal Article
Published: Emerald Group Publishing Limited 2010
Online Access:http://hdl.handle.net/20.500.11937/21424