The past 25 years we have witnessed a large increase of empirical evidence provided in financial economics supporting a great number of theories on corporate finance principles. However, in a number of applications, the evidence has not supported the theory completely. Although our understanding of financial concepts has grown more sophisticated, it is not always clear how corporations can create value through their financial decisions. This book is primarily designed as a study to survey the most important literature that describes the links between boards and corporate...
The past 25 years we have witnessed a large increase of empirical evidence provided in financial economics supporting a great number of theories on ...