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VMware vCloud Director 5.1 Performance and Best Practices

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We find a positive and significant relationship between the ROE of the appointing firm and the relative performance of the executive director‟s ROE. In terms of magnitude, a two standard deviations increase in the relative ROE of the company where director holds an executive position increases ROE of the appointing company by 0.035. This is a very substantial increase given that the average (median) ROE is 0.10 (0.12). We interpret this result as evidence that the appointing firm gains some of the director‟s human capital in the form of better quality...
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VMware vCloud Director 5.1 Performance and Best Practices

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