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Respond to the question: Board of Directors?

11/05/2005 08:59 AM by Chris E; Board of Directors
Hi, I m trying to do some research on the rationality of the existence of Boards of Directors from a game theoretic point of view. Since most of the literature views the problem from the contraction theory side, i cant find any literature about it. Can someone recommend research papers which use a game theoretic approach to solve the problems between shareholders, CEO and board?
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