Board Independence and Changes in Defined-Benefit Plan Funding

• Published in: Advances in Industrial and Labor Relations Vol. 21; pp. 119 - 141
• Main Author: Mullins, Frank
• Format: Book Chapter
• Language: English
• Published: United Kingdom Emerald Group Publishing Limited 01.01.2015; Emerald Publishing Limited
• Subjects: HR & Organizational Behaviour; Industrial relations; Industrial/Labour Relations; board of directors; outside director representation; Defined-benefit plans; outside director ownership; CEO duality

Abstract The funding of defined-benefit plans has garnered the attention of academicians, practitioners, and policymakers. Drawing upon agency and organizational control theories, this study investigates the implications of board independence on changes in defined-benefit funding. Using a panel data...