Classified boards, firm value, and managerial entrenchment

Faleye, Olubunmi·2007·Journal of Financial Economics

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  47. Boards, and the Directors Who Sit on Them ✶ ✶I thank Benjamin Hermalin and Michael Weisbach for their comments and for inviting me to write this chapter. I thank Ying Dou, Mandeep Singh, and Jing Xu for excellent research assistance.
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