Tuesday, September 21, 2004
Does size matter? An examination of board composition and size by Coles, Daniel, and Naveen
Our trip through the FMA annual meeting at New Orleans continues with a look at a paper on Board Size and Makeup by Jeffrey L. Coles, Naveen D. Daniel, and Lalitha Naveen.
Short Version:
Optimal board composition and board size are a function of firm makeup.
Long Version:
They examine two questions: 1) Is there such a thing as an optimal Board of Directors? and 2) Is board composition firm
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