When Outside Directors Resign: Go Publicly or Leave Quietly?

Xiaodong Qiu; Largay, III, James A.
May 2010
Academy of Management Perspectives;May2010, Vol. 24 Issue 2, p86
Academic Journal
The article reports on a study which investigated patterns in the resignation of outside directors from corporate boards, and their implications for the firms involved. The research, conducted by Michaël Dewally and Sarah Peck of Marquette University, was published in the "Journal of Corporate Finance" under the title "Upheaval in the boardroom: Outside director public resignations, motivations, and consequences." It found that younger directors were more likely to make a public statement of their reasons for resigning, and that cases in which they resigned due to conflict were typically followed by management shake-ups.


Related Articles

  • Concord EFS Adds 2 Outside Directors . Breitkopf, David // American Banker;1/3/2003, Vol. 168 Issue 2, p20 

    Reports that Concord EFS Inc. has announced the election of Shirley C. Raines and Arthur N. Seessel as outside directors to its boards and resignation of Ronald V. Congemi, a senior vice president and its president of network services.

  • IPOs Are Up A Bit. Czurak, David // Grand Rapids Business Journal;4/11/2005, Vol. 23 Issue 15, pB3 

    Reports on the improvement in the initial public offerings (IPO) filings in the U.S. in 2004. Number of IPO filed during the year; Remarks from Lambert, Edwards & Associates Inc. Jeff Lambert on the economic trend; Overview of IPO activity in the first quarter of 2005; Increase in the dollar...

  • Board Composition and Firm Performance: Some Canadian Evidence. Chamberlain, Trevor W. // International Advances in Economic Research;Nov2010, Vol. 16 Issue 4, p421 

    The article discusses a study that examines the relationship between financial performance and the characteristics of Canadian public firms' board of directors from 2005-2007. It says that multiple regression was used to determine the inter relations among outside director variables and to...

  • IPOs IN THE U.S.  // Investment Dealers' Digest;6/20/2005, Vol. 71 Issue 24, p22 

    Presents charts depicting the initial public offerings deals in the U.S. as of June 15, 2005.

  • The IPO 100.  // Investment Dealers' Digest;6/20/2005, Vol. 71 Issue 24, p23 

    Presents charts depicting the recent initial public offerings in the U.S. as of June 15, 2005.

  • Clearwire shoots for $400M IPO.  // RCR Wireless News;5/15/2006, Vol. 25 Issue 20, p9 

    The article reports on a $400 million initial public offering filed by Clearwire Corp. in Kirkland, Washington. The move of the firm will help fund the company's efforts to expand its wireless broadband operations in the U.S. The company counted 88,000 subscribers in the country and 11,500...

  • BANKRUPTCY VÉRITÉ. LoPucki, Lynn M.; Doherty, Joseph W. // Michigan Law Review;Feb2008, Vol. 106 Issue 4, p721 

    The authors respond to James J. White's commentary on their article "Bankruptcy Fire Sales," which focused on corporate reorganization. They claim that their article compared the outcome of bankruptcy-related sales and bankruptcy-related reorganizations among public companies. They commend White...

  • IPOs IN THE U.S.  // Investment Dealers' Digest;7/26/2004, Vol. 70 Issue 30, p14 

    Highlights the initial public offerings (IPO) in the United States launched as of July 26, 2004. Companies that filed the IPO; Price of the IPO; Filing date; Withdrawal activity.

  • THE IPO 100.  // Investment Dealers' Digest;5/9/2005, Vol. 71 Issue 18, p17 

    Presents chart and graphs depicting the most recent 100 initial public offerings (IPO) in the U.S. as of May 4, 2005. Offer price; Number of IPO and filings; Performance of the aftermarket.


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics