How Independent and Minority Directors Enhance Transprency
An analysis of the Italian stock market by Piergaetamno Marchetti, Gianfranco Siciliano, and Marco Ventoruzzo, three Bocconi University scholars, shows that companies with independent and minority-appointed directors disclose more information and in a more detailed way. Market reaction proves that the additional information is in fact relevant.
An analysis of the Italian stock market by Piergaetamno Marchetti, Gianfranco Siciliano, and Marco Ventoruzzo, three Bocconi University scholars, shows that companies with independent and minority-appointed directors disclose more information and in a more detailed way. Market reaction proves that the additional information is in fact relevant.