Titlebook: Corporate Governance and Firm Value in Italy; How Directors and Bo Bruno Buchetti Book 2021 The Editor(s) (if applicable) and The Author(s)

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2730-6038 ing the reporting quality of family-controlled firms.Elabora.This book expands on the literature on the characteristics of management boards by especially focusing on family-listed and family-controlled companies, as they are ideal for studying board heterogeneity. It uses specific multidimensional

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Haolin Wu,Gaozhong Nie,Xiwei Fanial impact on a firm’s performance. In the second part of the chapter, after having introduced the main descriptive statistics of the variables collected and the expected impact on performance, I outline the methodology adopted to calculate the multidimensional indexes.

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,Family Firms’ Board Characteristics,ial impact on a firm’s performance. In the second part of the chapter, after having introduced the main descriptive statistics of the variables collected and the expected impact on performance, I outline the methodology adopted to calculate the multidimensional indexes.

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Conclusions,today’s globalized world, should represent a source of competitive advantage for firms. I also showed that family-controlled firms use independent directors to import their heterogeneity knowledge; indeed, the heterogeneity ratio is positively affected by the increase of independent directors, while family members do not seem to affect the ratio.

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Book 2021es, as they are ideal for studying board heterogeneity. It uses specific multidimensional indices and in-depth econometric analysis to introduce new variables, such as international experience, that represent a source of competitive advantage for firms in today’s globalized world. In addition, by ex

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Board Composition and Its Heterogeneity,nto three parts. First, the “social heterogeneity” that considers three elements: gender, age, and ethnicity. Second, the “occupational heterogeneity” that is composed of all the elements that characterize the professional and educational experiences of the board members, such as work experiences in

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