When a company’s board has a higher proportion of independent directors, the company behaves in a more transparent way. But which is the cause, and which is the effect? Wharton accounting professors Christopher Armstrong and Wayne Guay explain.
When a company’s board has a higher proportion of independent directors, the company behaves in a more transparent way. But which is the cause, and which is the effect? Wharton accounting professors Christopher Armstrong and Wayne Guay explain.
The Joseph H. Lauder Institute
256 South 37th street
2nd Floor
Philadelphia, PA 19104-6330