Chakravarty, Sugato; Marisetty, Vijaya B; … - Department of Consumer Sciences and Retailing, Purdue … - 2011
We investigate whether busy boards add more value to standalone firms compared to business group affiliated firms in India – an economy plagued with significant institutional voids. Using board composition data of the top 500 Indian firms spanning the period 2003 to 2006, we find that firm...