Ferris, Stephen P.; Jagannathan, Murali; Pritchard, A. C. - In: Journal of Finance 58 (2003) 3, pp. 1087-1112
We examine the number of external appointments held by corporate directors. Directors who serve larger firms and sit on larger boards are more likely to attract directorships. Consistent with Fama and Jensen (1983), we find that firm performance has a positive effect on the number of...
