@ARTICLE{18963414_1991,
    author = {Hermalin, Benjamin E. and Weisbach, Michael Steven}, 
    keywords = {деятельность предприятия, корпоративное управление, корпоративный менеджмент, структура менеджмента фирмы},
    title = {The Effects of Board Composition and Direct Incentives on Firm 
Performance },
    journal = {Rochester Business-Financial Research and Policy Studies},
    year = {1991},
    month = {},
    volume = {},
    number = {91-02},
    pages = {},
    url = {http://ecsocman.hse.ru/text/18963414/},
    publisher = {},
    language = {ru},
    abstract = {This paper attempts to measure difference in firm performance caused 
by broad composition and ownership structure. These two variables are 
intended to measure the direct incentives and monitoring faced by top 
management. We also control for a number of otheк variables that are 
likely to be correlated with corporate performance. We do so to 
improve the precision of our estimates, as well as to eliminate much 
of the omitted-variable bias that has undoubtedly affected previous 
studies of board composition. },
    annote = {This paper attempts to measure difference in firm performance caused 
by broad composition and ownership structure. These two variables are 
intended to measure the direct incentives and monitoring faced by top 
management. We also control for a number of otheк variables that are 
likely to be correlated with corporate performance. We do so to 
improve the precision of our estimates, as well as to eliminate much 
of the omitted-variable bias that has undoubtedly affected previous 
studies of board composition. }
}