Board Interlock and Firm Performance.

Gangvani, Rohit.


  • Abstract: The aim of this paper is to use recent data and update the literature around board interlocks. Using a dataset comprising of 3,720 publicly-listed US firms from 1996-2012, this paper finds that interlocks have a largely negative association with firm performance and that there is indeed evidence to support the view that multiple directorships reflect a strain on directors. The explanatio... read more
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