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Stock price crash risk and military connected board: Evidence from Thailand

Based on the agency and stakeholder theories, effective boards, acting as an internal governance mechanism, reduce agency costs. This paper asks whether military connected boards represent a good governance tool by exploring how military connected boards affect stock price crash risk. Using instrume...

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Detalles Bibliográficos
Autores principales: Treepongkaruna, Sirimon, Chatjuthamard, Pattanaporn, Leemakdej, Arnat
Formato: Online Artículo Texto
Lenguaje:English
Publicado: Public Library of Science 2023
Materias:
Acceso en línea:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC10234529/
https://www.ncbi.nlm.nih.gov/pubmed/37262037
http://dx.doi.org/10.1371/journal.pone.0281712