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Keywords: Boards of directors
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Journal Articles
Journal:
China Finance Review International
China Finance Review International (2013) 3 (2): 203–219.
Published: 10 May 2013
... is limited by the decentralized equity structure; then, the board of directors becomes the spokesperson of shareholders' interests. Hence, giving effective play to the supervision function of board is of vital importance in reducing the agent cost between managers and shareholders. Interlock directors...
