Document Type
Report
Key Takeaways
Media coverage provokes changes in companies’ governance practices, such as increasing board independence, board evaluation, and director stock ownership, as well as leading to division of the CEO/chair roles. • Firms respond not only to media pressure on themselves but also to media coverage on interlock partner firms – those with whom they share directors. • Companies strengthen their governance in response to both positive and negative media coverage of interlock partners
Publication Date
2019
Source
Shipilov, A. V., Greve, H. R., & Rowley, T. J. (in press). Is all publicity good publicity? The impact of direct and indirect media pressure on the adoption of governance practices. Strategic Management Journal. DOI: 10.1002/smj.3030.
Disciplines
Business
Copyright
© 2019, University of South Carolina
Publication Info
Shipilov, A. V., Greve, H. R., & Rowley, T. J. (in press). Is all publicity good publicity? The impact of direct and indirect media pressure on the adoption of governance practices. Strategic Management Journal. DOI: 10.1002/smj.3030., 2019.