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Original Articles

The effect of entrenched boards on corporate risk-taking: testing the quiet life hypothesis

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Pages 1067-1070 | Published online: 22 May 2013

References

  • Altonji , J. G. , Elder , T. E. and Taber , C. R. 2005 . Selection on observed and unobserved variables: assessing the effectiveness of Catholic schools . Journal of Political Economy , 113 : 151 – 84 .
  • Bebchuk , L. and Cohen , A. 2005 . The costs of entrenched boards . Journal of Financial Economics , 78 : 409 – 33 .
  • Bertrand , M. and Mullainathan , S. 2003 . Enjoying the quiet life? Corporate governance and managerial preferences . Journal of Political Economy , 111 : 1043 – 75 .
  • Gompers , P. , Ishii , J. and Metrick , A. 2003 . Corporate governance and equity prices . Quarterly Journal of Economics , 118 : 107 – 55 .

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