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the influence of particular determinants on reporting are weak. Busy administrators have been extensively criticized as being ineffective. However, we hypothesize that busy administrators provide benefits for a lot of firms. While busy administrators may be much less efficient displays, their experience and contacts arguably make them wonderful advisors. Among IPO corporations, which have minimal expertise with public markets and certain rely closely on their administrators for advising, we discover busy boards to be frequent and to contribute positively to firm value. The hottest butterfly my daddy is my guardian angel vintage leather pattern all over printed tote bagMoreover, these constructive effects of busy boards lengthen to all however essentially the most established companies. Benefits are lowest amongst Forbes 500 companies, which probably require extra monitoring than advising. Firms routinely justify CEO compensation by benchmarking in opposition to firms with highly paid CEOs. We examine whether the 2006 regulatory requirement of exposing compensation peers mitigated firms’ opportunistic peer selection activities. We discover that strategic peer benchmarking did not disappear after enhanced disclosure. In reality, it intensified at companies with low institutional possession, low director ownership, low CEO possession, busy boards, massive boards, and non-intensive monitoring boards, and at firms

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