Governance and boards of directors in closed - end investment companies $

  • Diane Del Guercio, Larry Y. Dann, M. Megan Partch
  • Published 2000

Abstract

We analyze whether board structure and director independence in closed-end investment companies are related to shareholder interests in ways that are consistent with boards being effective monitors. We report that funds with relatively low expense ratios, one measure of board effectiveness, have smaller boards, a higher proportion of board members who are… (More)

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Cite this paper

@inproceedings{Guercio2000GovernanceAB, title={Governance and boards of directors in closed - end investment companies \$}, author={Diane Del Guercio and Larry Y. Dann and M. Megan Partch}, year={2000} }