Advances in Financial Economics.

FRONT COVER -- ADVANCES IN FINANCIAL ECONOMICS -- COPYRIGHT PAGE -- CONTENTS -- LIST OF CONTRIBUTORS -- THE INCREASE IN CEO PAY AFTER LARGE INVESTMENTS: IS IT PURELY RENT EXTRACTION? -- INTRODUCTION -- HYPOTHESES DEVELOPMENT -- SAMPLE FORMATION -- EMPIRICAL ANALYSES -- CONCLUSION -- NOTES -- ACKNOWLEDGMENTS -- REFERENCES -- APPENDIX -- WHO CHOOSES BOARD MEMBERS? -- BACKGROUND -- DATA -- RESULTS -- INSTRUMENT -- CONCLUSION -- NOTES -- ACKNOWLEDGMENT -- REFERENCES -- APPENDIX -- THE GROWTH OF GLOBAL ETFS AND REGULATORY CHALLENGES -- INTRODUCTION -- ETFS: EVOLUTION AND RECENT TRENDS -- REGULATORY CONCERNS IN DEVELOPED MARKETS -- RESPONSE TO REGULATORY CONCERNS -- EMERGING MARKETS AND THE CASE OF INDIA -- CONCLUSION -- NOTES -- ACKNOWLEDGMENTS -- REFERENCES -- APPENDIX: GLOBAL ETF LISTINGS BY EXCHANGE, AS AT YEAR END 2011 -- OVERCONFIDENCE, CORPORATE GOVERNANCE, AND GLOBAL CEO TURNOVER -- INTRODUCTION -- COUNTRY EFFECTS ON MANAGERIAL OVERCONFIDENCE -- DATA AND THE MEASUREMENT OF OVERCONFIDENCE -- EMPIRICAL RESULTS CONCERNING TURNOVER AND OVERCONFIDENCE -- MULTIVARIATE ANALYSIS OF OVERCONFIDENCE AND CEO TURNOVER -- POST-TURNOVER PERFORMANCE -- CONCLUSION -- NOTES -- REFERENCES -- APPENDIX: OVERVIEW OF THE HOFSTEDE CULTURAL MEASURES -- HUMAN AND SOCIAL CAPITAL IN THE LABOR MARKET FOR DIRECTORS -- BACKGROUND AND LITERATURE REVIEW -- DATA AND UNIVARIATE ANALYSES -- MULTIVARIATE ANALYSES -- CONCLUSION -- NOTES -- ACKNOWLEDGMENTS -- REFERENCES -- APPENDIX: VARIABLE DEFINITIONS -- DUAL CLASS DISCOUNT, AND THE CHANNELS OF EXTRACTION OF PRIVATE BENEFITS -- INTRODUCTION -- LITERATURE REVIEW AND HYPOTHESIS DEVELOPMENT -- METHODOLOGY AND DATA -- RESULTS -- CONCLUSIONS -- NOTES -- ACKNOWLEDGEMENTS -- REFERENCES -- APPENDIX A -- APPENDIX B -- A CRISIS OF INVESTOR CONFIDENCE: CORPORATE GOVERNANCE AND THE IMBALANCE OF POWER -- OVERVIEW.