• Whistleblowers on the board? The role of independent directors in cartel prosecutions 

      Campello, Murillo; Ferrés, Daniel; Ormazabal, Gaizka (Universidad de Montevideo, Facultad de Ciencias Empresariales y Economía, Departamento de Economía, 2017)
      Stock market reactions to news of cartel prosecutions are muted when indicted firms have a high proportion of independent directors serving on their boards. This finding is robust to self-selection and is more pronounced ...
    • Whistleblowers on the board? The role of independent directors in cartel prosecutions 

      Campello, Murillo; Ferrés, Daniel; Ormazabal, Gaizka (Universidad de Montevideo, Facultad de Ciencias Empresariales y Economía, Departamento de Economía, 2015)
      Stock market reactions to news of cartel prosecutions are muted when indicted firms have a highproportion of independent directors serving on their boards. This finding is robust to self-selectionand is more pronounced ...