Board Structure and International Political Risk
基于代理理论，研究95家财富500强制造企业的董事会结构与其国际制造业务平均政治风险的关系，发现董事会构成和CEO两职合一与外国直接投资组合的政治风险水平相关。
Applying the agency theory perspective, we examined the relationship between board structure and the average political risk of firms' international manufacturing operations in a sample of 95 manufacturing firms from the Fortune 500. Our results indicate an association between board composition, CEO duality, and the level of international political risk present in a corporation's portfolio of foreign direct investment.