Hamill, Philip A.; McGregor, Pat; Rasaratnam, Symaralah - In: Managerial Finance 32 (2006) 6, pp. 537-552
Purpose – While existing UK studies conduct a cross‐sectional analysis, this paper seeks to argue that the ratio of Executive Directors to non‐executive director (NED) on the boards of UK firms, coupled with a gradual appointment process, motivated by firms’ desire to comply with the...
