J. L. Rivas, Jairo Villamil-Díaz, Albert A. Cannella
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Attracting CEO directors: the case of Latin America
PurposeTo understand if certain board traits can contribute to attract CEO directorsDesign/methodology/approachPanel data model with firm fixed effects of individual and firm level attributes from 450 public firms in Argentina, Brazil, Chile, Colombia, Mexico and PeruFindingsHigher levels of masters abroad, board ties, government experience and foreign members are all negatively related to the appointment of CEO directorsOriginality/valueThe use of non-performance outcome variable such as CEO experience in the family led emergent environment of Latin America
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