El Consejero Dominical y el Gobierno Corporativo / Institutional Directors and Corporate Governance
The aim of this research is to study the role of institutional directors in corporate governance. For this purpose, we have analysed the impact that these directors have on CEO compensation and on corporate social responsibility disclosure. Moreover, institutional directors have been classified into...
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| Tipo de recurso: | tesis doctoral |
| Estado: | Versión publicada |
| Fecha de publicación: | 2017 |
| País: | España |
| Institución: | CBUC, CESCA |
| Repositorio: | TDR. Tesis Doctorales en Red |
| OAI Identifier: | oai:www.tdx.cat:10803/404743 |
| Acceso en línea: | http://hdl.handle.net/10803/404743 http://dx.doi.org/10.6035/14012.2017.117823 |
| Access Level: | acceso abierto |
| Palabra clave: | Institutional directors Pressure-resistant directors Pressure-sensitive directors Corporate governance Board of directors Corporate Social Responsibility Negocis, administració i dret 336 |
| Sumario: | The aim of this research is to study the role of institutional directors in corporate governance. For this purpose, we have analysed the impact that these directors have on CEO compensation and on corporate social responsibility disclosure. Moreover, institutional directors have been classified into two groups: pressure-resistant institutional directors and pressure-sensitive institutional directors. The results show that institutional directors, as a whole, and pressure-resistant institutional directors influence on corporate governance of companies. In addition, the results evidence that their level of participation on the board of directors is important since they may exercise two opposite roles (control and entrenchment), depending on the percentage of representation on the board. Regarding pressure-sensitive institutional directors, they do not influence on corporate governance of companies. |
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