Do Low Cost Carriers Have Different Corporate Governance Models?

• Tipo: Artigo em Revista Científica Internacional
• Data: 2007

Autores

Carlos Alves (Autor) FEP; Maria Cristina Barbot (Autor) FEP

Revista

Título: Journal of Air Transport Management

Vol. 13 Nº 2

Páginas: 116-120

ISSN: 0969-6997

Editora: Elsevier

Indexação

ISI Web of Knowledge - 7 Citações

ISI Web of Science

Scopus - 10 Citações

Outras Informações

ID Authenticus: P-004-BGE

DOI: 10.1016/j.jairtraman.2006.11.001

Abstract (EN): In this paper, we investigate whether different business models in the same industry (passenger air transportation) lead to different corporate governance models. We found that low cost carriers organise their boards differently from full service carriers to achieve lower costs and a faster decision-making process that is required by their business model. We also found that low cost carriers and full service carriers solve their potential agency cost problems differently and that full service carriers have more board monitoring committees, and low cost carriers have a closer coincidence of interests between shareholders and executive directors.

Idioma: Português

Tipo (Avaliação Docente): Científica