id	author	title	date	pages	extension	mime	words	sentence	flesch	summary	cache	txt
cjfa-3240	Merino, Elena; Manzaneque, Montserrat; Priego, Alba Maria	“Board independence” and compensation structure of directors	2013	28	.pdf	application/pdf	11643	414	51	The   4 1k itX are independent variables representative of board charac- teristics, where k= board ownership (OWNDIRit), duality of the chairman of the board and the CEO (CEODUAit), proportion of external board members (OUTSIDit), board size (BRDSIZit);   4 1m itCV are control variables, where m= corporate size (CRPSIZEit), industry dummies (INDUSTRYit), return on assets (ROAit) and stock return (STOCKRETit); and εit is the idiosyncratic error. The   4 1k itX are independent variables representative of board charac- teristics, where k= board ownership (OWNDIRit), duality of the chairman of the board and the CEO (CEODUAit), proportion of external board members (OUTSIDit), board size (BRDSIZit);   4 1m itCV are control variables, where m= corporate size (CRPSIZEit), industry dummies (INDUSTRYit), return on assets (ROAit) and stock return (STOCKRETit); and εit is the idiosyncratic error.	cache/cjfa-3240.pdf	txt/cjfa-3240.txt