CORPORATE GOVERNANCE PREDICTORS OF ADOPTION OF ANTITAKEOVER AMENDMENTS - AN EMPIRICAL-ANALYSIS

被引:16
|
作者
RECHNER, PL
SUNDARAMURTHY, C
DALTON, DR
机构
[1] UNIV KENTUCKY,COLL BUSINESS & ECON,DEPT MANAGEMENT,LEXINGTON,KY 40506
[2] INDIANA UNIV,GRAD SCH BUSINESS,BLOOMINGTON,IN 47401
关键词
D O I
10.1007/BF00882027
中图分类号
F [经济];
学科分类号
02 ;
摘要
This study of 481 corporations provides an assessment of the relationship between several corporate governance variables (board composition, type of board leadership, officer and director stock holdings, institutional stock holdings, number of majority owners, existence of severance agreements) and adoption of anti-takeover amendments. The results of analysis suggest that the two groups (adopters/non-adopters) differ significantly in regards to these variables.
引用
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页码:371 / 378
页数:8
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