The DOI matches its Crossref record; 121 of the 121 references it cites were found in a registry or an index.
A Matter of Appearances: How Corporate Leaders Manage the Impressions of Financial Analysts about the Conduct of Their Boards
Abstract
Our theory and findings suggest that relatively negative stock analyst appraisals prompt corporate leaders to increase externally visible dimensions of board independence without actually increasing board control of management. We also consider how relatively negative analyst appraisals may prompt impression management in CEO communications with analysts, whereby CEOs attest to their boards' tendency to monitor and control management on behalf of shareholders. We also find that increases in formal board independence, in combination with verbal impression management directed toward analysts, result in more favorable subsequent analyst appraisals of firms, despite a lack of effect on actual board control.
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Cited by
Hawn, O., & Ioannou, I. (2016) · Strategic Management Journal · doi:10.1002/smj.2464 · Cited by 733
Watchdog or Lapdog? A Behavioral View of the Media as a Corporate Governance Mechanism
Bednar, M. K. (2012) · Academy of Management Journal · doi:10.5465/amj.2009.0862 · Cited by 503
Connecting the Dots: Bringing External Corporate Governance into the Corporate Governance Puzzle
Aguilera, R. V., Desender, K. A., Bednar, M. K., & Lee, J. H. (2015) · Academy of Management Annals · doi:10.1080/19416520.2015.1024503 · Cited by 502
Is Environmental Governance Substantive or Symbolic? An Empirical Investigation
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Strategic Silence: Withholding Certification Status as a Hypocrisy Avoidance Tactic
Carlos, W. C., & Lewis, B. W. (2018) · Administrative Science Quarterly · doi:10.1177/0001839217695089 · Cited by 393
Metadata
- Authors
- Westphal, J. D., & Graebner, M. E.
- Venue
- Academy of Management Journal
- Publisher
- Academy of Management
- Published
- 2010-02
- Volume
- 53
- Issue
- 1
- Pages
- 15-44
- ISSN
- 0001-4273 (ISSN-L)
- 1948-0989
- OpenAlex
- W2119571010
- Cited by
- 323
- References
- 121
- FWCI
- 61.90
- Type
- journal article
- Language
- en
- Open access
- closed
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- Westphal, J. D., & Graebner, M. E. (2010). A Matter of Appearances: How Corporate Leaders Manage the Impressions of Financial Analysts about the Conduct of Their Boards. Academy of Management Journal. https://doi.org/10.5465/amj.2010.48036721
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Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).
Semantic Scholar’s data is described in: Kinney, R., et al. (2023). The Semantic Scholar Open Data Platform. arXiv:2301.10140.