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Evaluation of board reforms: An examination of the appointment of outside directors

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  • Min, Byung-Seong

Abstract

Existing literature on the evaluation of the economic consequences of board reforms has some limitations including: their estimation results fail to show the causal effects of the regulatory reforms; they have limited policy implications for an economy where family businesses are dominant; and there is a lack of consensus on the impacts of the reforms.

Suggested Citation

  • Min, Byung-Seong, 2013. "Evaluation of board reforms: An examination of the appointment of outside directors," Journal of the Japanese and International Economies, Elsevier, vol. 29(C), pages 21-43.
  • Handle: RePEc:eee:jjieco:v:29:y:2013:i:c:p:21-43
    DOI: 10.1016/j.jjie.2013.05.001
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    References listed on IDEAS

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    Cited by:

    1. Kick, Thomas & Nehring, Inge & Schertler, Andrea, 2017. "Do all new brooms sweep clean? Evidence for outside bank appointments," Journal of Banking & Finance, Elsevier, vol. 84(C), pages 135-151.
    2. Min, Byung S. & Smyth, Russell, 2014. "Corporate governance, globalization and firm productivity," Journal of World Business, Elsevier, vol. 49(3), pages 372-385.
    3. repec:kap:jbuset:v:147:y:2018:i:4:d:10.1007_s10551-015-2990-9 is not listed on IDEAS
    4. Min, Byung S. & Bowman, Robert G., 2015. "Corporate governance, regulation and foreign equity ownership: Lessons from Korea," Economic Modelling, Elsevier, vol. 47(C), pages 145-155.

    More about this item

    Keywords

    Corporate governance; Outside director; Regulation; Chaebol; Policy evaluation;

    JEL classification:

    • G34 - Financial Economics - - Corporate Finance and Governance - - - Mergers; Acquisitions; Restructuring; Corporate Governance
    • G38 - Financial Economics - - Corporate Finance and Governance - - - Government Policy and Regulation

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