Kwang Lee

College of Business, Korea Advanced Institute of Science and Technology (KAIST)

85 Hoegiro Dongdaemun-Gu

Seoul 02455

Korea, Republic of (South Korea)

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Scholarly Papers (1)

1.

Birds of a Feather: Value Implications of Political Alignment between Top Management and Directors

Journal of Financial Economics (JFE), Forthcoming
Number of pages: 48 Posted: 17 Mar 2012 Last Revised: 03 Mar 2014
University of Florida - Warrington College of Business Administration, College of Business, Korea Advanced Institute of Science and Technology (KAIST) and University of Texas at Arlington
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Abstract:

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Political alignment between top management and directors; Firm value; Board independence; Managerial entrenchment; Corporate fraud