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Customer concentration, managerial risk aversion, and independent directors: A quasi-natural experiment
16 references·1 citing·43 second hop
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References

  • 1999Corporate governance, chief executive officer compensation, and firm performance4,334 cited
  • 1985The Determinants of Firms' Hedging Policies3,270 cited
  • 1981Risk Reduction as a Managerial Motive for Conglomerate Mergers2,775 cited
  • 2001Boards of Directors as an Endogenously Determined Institution: A Survey of the Economic Literature2,499 cited
  • 1990Outside directors, board independence, and shareholder wealth1,930 cited
  • 2007The determinants of board structure☆1,815 cited
  • 2002The Non-Correlation Between Board Independence and Long-Term Firm Performance1,459 cited
  • 2001Do Some Outside Directors Play a Political Role?994 cited
  • 2015Customer concentration risk and the cost of equity capital890 cited
  • 1997Do independent directors enhance target shareholder wealth during tender offers?847 cited
  • 2009Managerial risk-taking behavior and equity-based compensation☆807 cited
  • 2016Independent boards and innovation803 cited
  • 2011Customer-Base Concentration: Implications for Firm Performance and Capital Markets789 cited
  • 2020The effect of COVID‐19 lockdowns on political support: Some good news for democracy?769 cited
  • 2020Entropy-balanced accruals

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761 cited
  • 2007Inter-firm linkages and the wealth effects of financial distress along the supply chain☆757 cited
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    • 2023Estimating the effect of board independence on innovation efficiency using research quotient: a quasi-natural experiment14 cited