This premise guides our subsequent empirical analysis, in which we refer to firms that established cooperative relationships with one another, analyse the data regarding the creation of net value and the make up of the firms’ boards of directors. In this way, we try to understand whether the firm that adapts the composition of its board of directors as a consequence of its partners’ needs for greater protection and to facilitate access to critical resources controlled by its partners creates higher net value.
Author(s) Details:
Francesco Napoli,
Faculty of Economics, Università degli Studi, E-Campus, Como, Italy.