Communication and Decision-Making in Corporate Boards

  title={Communication and Decision-Making in Corporate Boards},
  author={Nadya Malenko},
  • Nadya Malenko
  • Published 2010
This paper develops a model of communication and decision-making in corporate boards. The key element of the paper is that the quality of board communication is endogenous, because it depends on the e¤ort directors put into trying to communicate their information to others. In the model, directors may have biases regarding board decisions and may also be reluctant to disagree with other directors. If the only interaction between directors is at the decision-making stage, when decisions are made… CONTINUE READING


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