Corporate governance and firm value in Italy : how directors and board members matter / / Bruno Buchetti

• Autore: Buchetti Bruno
• Pubblicazione: Cham, Switzerland : , : Springer, , [2021]; ©2021
• Edizione: 1st ed. 2021.
• Descrizione fisica: 1 online resource (XIX, 136 p. 9 illus.)
• Disciplina: 658.4
• Soggetto topico: Corporate governance - Italy
• Nota di contenuto: Introduction -- Board composition and its heterogeneity -- Directors’ characteristics and firm’s performance: research design and hypotheses -- Family firms board characteristics -- Econometric analysis -- Conclusions.
• Sommario/riassunto: This book expands on the literature on the characteristics of management boards by especially focusing on family-listed and family-controlled companies, as they are ideal for studying board heterogeneity. It uses specific multidimensional indices and in-depth econometric analysis to introduce new variables, such as international experience, that represent a source of competitive advantage for firms in today’s globalized world. In addition, by examining the heterogeneity ratio and the representation of independent and family directors, the book demonstrates how family-controlled firms use independent directors to import their heterogeneous expertise. The book makes a threefold contribution: for regulators, it offers suggestions on improving the quality of reporting in family-controlled firms; for researchers, it demonstrates the importance of including directors’ characteristics apart from the firm-specific factors in their analyses; and for practitioners, it shows that selecting directors with specific characteristics can have a substantial impact on firms’ performance. .
• Titolo autorizzato: Corporate governance and firm value in Italy
• ISBN: 3-030-56239-5
• Formato: Materiale a stampa
• Livello bibliografico: Monografia
• Lingua di pubblicazione: Inglese
• Record Nr.: 9910483844603321
• Lo trovi qui: Univ. Federico II
• Serie: Contributions to Finance and Accounting, . 2730-6038