Matches in SemOpenAlex for { <https://semopenalex.org/work/W92156663> ?p ?o ?g. }
- W92156663 abstract "This paper examines the relationship between corporate governance characteristics and corporate financial distress. There are two main theoretical factors of interest: the structure of the monitoring process, and the personal characteristics of non-executive directors (NEDs). The first approach is basically agency-theory oriented, and emphasizes relationships that complicate proper control, such as dependents on the board (Jensen, 1993). The second approach refers to the resource dependency theory, which focuses on the quality of the director(s) involved (Hillman and Dalziel (2003). The relevant relationships are tested on a newly built database consisting of 52 listed companies in the Netherlands that became financially distressed in the period from 1993 to 2003 and a control sample of 167 listed companies. We collected data on NEDs such as age, education, dependency, other board positions (and chairmanships), workload, and the number of executive and non-executive board members. A positive relationship with financial distress was found to exist if the average workload of NEDs on the board was high, or if there was a foreigner on the board. If one of the NEDs has inside knowledge, this is negatively related to financial distress. As a final conclusion, the hypothesis originating in resource dependency theory, which is that the human characteristics of NEDs are important in avoiding financial distress, cannot be rejected with regard to the Netherlands as examined in the period from 1993 to 2003." @default.
- W92156663 created "2016-06-24" @default.
- W92156663 creator A5016892709 @default.
- W92156663 creator A5027399346 @default.
- W92156663 date "2009-01-29" @default.
- W92156663 modified "2023-09-26" @default.
- W92156663 title "Financial Distress, Board Structure and NED Characteristics in the Netherlands" @default.
- W92156663 cites W1499703611 @default.
- W92156663 cites W1550980052 @default.
- W92156663 cites W1969252636 @default.
- W92156663 cites W1979369088 @default.
- W92156663 cites W1995945562 @default.
- W92156663 cites W2002118173 @default.
- W92156663 cites W2003591698 @default.
- W92156663 cites W2020657310 @default.
- W92156663 cites W2020848494 @default.
- W92156663 cites W2028261688 @default.
- W92156663 cites W2044499836 @default.
- W92156663 cites W2048801439 @default.
- W92156663 cites W2049238946 @default.
- W92156663 cites W2055989327 @default.
- W92156663 cites W2060728589 @default.
- W92156663 cites W2066214963 @default.
- W92156663 cites W2068155429 @default.
- W92156663 cites W2073385456 @default.
- W92156663 cites W2074132263 @default.
- W92156663 cites W2082372859 @default.
- W92156663 cites W2082994988 @default.
- W92156663 cites W2087070669 @default.
- W92156663 cites W2088894329 @default.
- W92156663 cites W2115387818 @default.
- W92156663 cites W2119158777 @default.
- W92156663 cites W2122753608 @default.
- W92156663 cites W2124532504 @default.
- W92156663 cites W2140454616 @default.
- W92156663 cites W2149360876 @default.
- W92156663 cites W2160184254 @default.
- W92156663 cites W2166505099 @default.
- W92156663 cites W2172004501 @default.
- W92156663 cites W2174073958 @default.
- W92156663 cites W2319965358 @default.
- W92156663 cites W3021889044 @default.
- W92156663 cites W3122859634 @default.
- W92156663 cites W3123137588 @default.
- W92156663 cites W3125229811 @default.
- W92156663 cites W2117482595 @default.
- W92156663 cites W3124602534 @default.
- W92156663 hasPublicationYear "2009" @default.
- W92156663 type Work @default.
- W92156663 sameAs 92156663 @default.
- W92156663 citedByCount "0" @default.
- W92156663 crossrefType "posted-content" @default.
- W92156663 hasAuthorship W92156663A5016892709 @default.
- W92156663 hasAuthorship W92156663A5027399346 @default.
- W92156663 hasConcept C10138342 @default.
- W92156663 hasConcept C108170787 @default.
- W92156663 hasConcept C121955636 @default.
- W92156663 hasConcept C139265228 @default.
- W92156663 hasConcept C144024400 @default.
- W92156663 hasConcept C144133560 @default.
- W92156663 hasConcept C15744967 @default.
- W92156663 hasConcept C162324750 @default.
- W92156663 hasConcept C183582576 @default.
- W92156663 hasConcept C185592680 @default.
- W92156663 hasConcept C187736073 @default.
- W92156663 hasConcept C188959678 @default.
- W92156663 hasConcept C198531522 @default.
- W92156663 hasConcept C200707436 @default.
- W92156663 hasConcept C2775924081 @default.
- W92156663 hasConcept C2778476105 @default.
- W92156663 hasConcept C36289849 @default.
- W92156663 hasConcept C39389867 @default.
- W92156663 hasConcept C43617362 @default.
- W92156663 hasConcept C70410870 @default.
- W92156663 hasConceptScore W92156663C10138342 @default.
- W92156663 hasConceptScore W92156663C108170787 @default.
- W92156663 hasConceptScore W92156663C121955636 @default.
- W92156663 hasConceptScore W92156663C139265228 @default.
- W92156663 hasConceptScore W92156663C144024400 @default.
- W92156663 hasConceptScore W92156663C144133560 @default.
- W92156663 hasConceptScore W92156663C15744967 @default.
- W92156663 hasConceptScore W92156663C162324750 @default.
- W92156663 hasConceptScore W92156663C183582576 @default.
- W92156663 hasConceptScore W92156663C185592680 @default.
- W92156663 hasConceptScore W92156663C187736073 @default.
- W92156663 hasConceptScore W92156663C188959678 @default.
- W92156663 hasConceptScore W92156663C198531522 @default.
- W92156663 hasConceptScore W92156663C200707436 @default.
- W92156663 hasConceptScore W92156663C2775924081 @default.
- W92156663 hasConceptScore W92156663C2778476105 @default.
- W92156663 hasConceptScore W92156663C36289849 @default.
- W92156663 hasConceptScore W92156663C39389867 @default.
- W92156663 hasConceptScore W92156663C43617362 @default.
- W92156663 hasConceptScore W92156663C70410870 @default.
- W92156663 hasLocation W921566631 @default.
- W92156663 hasOpenAccess W92156663 @default.
- W92156663 hasPrimaryLocation W921566631 @default.
- W92156663 hasRelatedWork W1591012176 @default.
- W92156663 hasRelatedWork W1744728967 @default.
- W92156663 hasRelatedWork W1798583643 @default.