Why ‘Staggered’ boards are paying off for stock investors

Mendoza College of Business Dean and the Bernard J. Hank Professor of Finance Martijn Cremers' research was used in a Fortune Magazine piece about the benefits of staggered boards at publicly held companies. Cremers and his co-researchers found that "firm values" increased under a staggered structure for companies that changed their boards from unstaggered to staggered.

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