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Journal of Management and Governance - 相似文献
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Journal of Management and Governance - What is the best for acompany? In most countries it isconsidered to be a duty for board membersto act in the best interest of thecompany. Few, however,... 相似文献
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Morten Huse Robert Hoskisson Alessandro Zattoni Riccardo Viganò 《Journal of Management and Governance》2011,15(1):5-28
Scholars and practitioners have recently devoted considerable attention to boards of directors, but far more research is needed.
We still know little about how boards actually work and how their behavior may be improved to contribute to value creation.
During more than two decades agency theory has been the dominant theory in studies about boards of directors. When relaxing
some of the assumptions in agency theory several new pathways for new research arise. To present new perspectives on board
research we follow in this essay some of the pathways arising from relaxing agency theory assumptions about complete contracts.
Alternative theoretical approaches, research questions and methods are suggested. 相似文献
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Let X1, X2,… be an independently and identically distributed sequence with ξX1 = 0, ξ exp (tX1 < ∞ (t ≧ 0) and partial sums Sn = X1 + … + Xn. Consider the maximum increment D1 (N, K) = max0≤n ≤ N - K (Sn + K - Sn)of the sequence (Sn) in (0, N) over a time K = KN, 1 ≦ K ≦ N. Under appropriate conditions on (KN) it is shown that in the case KN/log N → 0, but KN/(log N)1/2 → ∞, there exists a sequence (αN) such that K-1/2 D1 (N, K) - αN converges to 0 w. p. 1. This result provides a small increment analogue to the improved Erd?s-Rényi-type laws stated by Csörg? and Steinebach (1981). 相似文献
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