Corporate governance predictors of adoption of anti-takeover amendments: An empirical analysis [Book Review]

Journal of Business Ethics 12 (5):371 - 378 (1993)
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Abstract

This study of 481 corporations provides an assessment of the relationship between several corporate governance variables (board composition, type of board leadership, officer and director stock holdings, institutional stock holdings, number of majority owners, existence of severance agreements) and adoption of anti-takeover amendments. The results of analysis suggest that the two groups (adopters/non-adopters) differ significantly in regards to these variables.

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