April 8, 2021
Having made their wealth and reputation elsewhere, outside directors are supposed to serve as helpful, yet less biased advisers on a firm's board. But they often "trade up", leaving risker, smaller firms for larger and more stable firms. Firms which want to keep their outside directors through their tough times have to create incentives.
Review 2111
Having made their wealth and reputation elsewhere, outside directors are supposed to serve as helpful, yet lessnon biased advisers on a firm's board.
Makes it flow better.
But they often "trade up", leaving risker, smaller firms for larger and more stable firms.
Firms whicho want to keep their outside directors through their tough times have to create incentives.
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Review 2111 This sentence has been marked as perfect! |
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Having made their wealth and reputation elsewhere, outside directors are supposed to serve as helpful, yet less biased advisers on a firm's board. Having made their wealth and reputation elsewhere, outside directors are supposed to serve as helpful, yet Makes it flow better. |
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But they often "trade up", leaving risker, smaller firms for larger and more stable firms. This sentence has been marked as perfect! |
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Firms which want to keep their outside directors through their tough times have to create incentives. Firms wh |
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