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The Hidden Effects of Corporate Governance Reform in the Netherlands - non-executive directors’ changing external and internal service roles.pdf Download

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Triggered by principles of the agency theory, the majority of corporate governance reform initiatives seek to strengthen the control role of non-executives. However, the influence of corporate governance reforms on the external and internal service roles of non-executive directors generally has not been a focus of attention.

This paper aims to address this issue by investigating the impact of two reform initiatives on the service roles of non-executive directors between 1997 and 2005 in the Netherlands.

Submitted On:

15 Jul 2011

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Submitted On:

15 Jul 2011