Similar Search Results

The Big Three and Board Gender Diversity : The Effectiveness of Shareholder Voice

Gormley, Todd A.; Gupta, Vishal K.; Matsa, David A.; … - National Bureau of Economic Research - 2022

In 2017, "The Big Three" institutional investors launched campaigns to increase gender diversity on corporate boards … they had in 2016. Firms increased diversity by identifying candidates beyond managers' existing networks and by placing …-based governance changes and the important impact of investor buy-in in increasing corporate-leadership diversity …

Persistent link: https://www.econbiz.de/10013462705

Risk Perceptions, Board Networks, and Directors' Monitoring

Ding, Wenzhi; Chen, Lin; Schmid, Thomas; Weisbach, … - National Bureau of Economic Research - 2021

stronger if the observing and penalized directors share the same professional background or gender and if the observing …

Persistent link: https://www.econbiz.de/10012585458

Bankers on Boards : Monitoring, Conflicts of Interest, and Lender Liability

Kroszner, Randall S. - 1999

This paper investigates what factors determine whether a commercial banker is on the board of a non-financial firm. We consider the tradeoff between the benefits of direct bank monitoring to the firm and the costs of active bank involvement in firm management. Given the different payoff...

Persistent link: https://www.econbiz.de/10012471465

Do Employees Benefit from Worker Representation on Corporate Boards?

Blandhol, Christine - 2020

Do employees benefit from worker representation on corporate boards? Economists and policymakers are keenly interested in this question - especially lately, as worker representation is widely promoted as an important way to ensure the interests and views of the workers. To investigate this...

Persistent link: https://www.econbiz.de/10012482488

The Role of Boards of Directors in Corporate Governance : A Conceptual Framework and Survey

Adams, Renée - 2008

This paper is a survey of the literature on boards of directors, with an emphasis on research done subsequent to the Hermalin and Weisbach (2003) survey. The two questions most asked about boards are what determines their makeup and what determines their actions? These questions are...

Persistent link: https://www.econbiz.de/10012464161

Financial Expertise of Directors

Güner, A. Burak - 2006

The composition and functioning of corporate boards is at the core of the academic and policy debate on optimal corporate governance. But does board composition matter for corporate decisions? In this paper, we analyze the role of financial experts on boards. In a novel panel data set on board...

Persistent link: https://www.econbiz.de/10012466757

The Case Against Board Veto in Corporate Takeovers

Bebchuk, Lucian Arye - 2002

This paper argues that once undistorted shareholder choice is ensured -- which can be done by making it necessary for hostile bidders to win a vote of shareholder support -- boards should not have veto power over takeover bids. The paper considers all of the arguments that have been offered for...

Persistent link: https://www.econbiz.de/10012469635

Throwing Good Money After Bad? Board Connections and Conflicts in Bank Lending

Kroszner, Randall S. - 2001

This paper investigates the frequency of connections between banks and non-financial firms through board linkages and whether those connections affect lending and borrowing behavior. Although a board linkages may reduce the costs of information flows between the lender and borrower, a board...

Persistent link: https://www.econbiz.de/10012470021

Busy Directors : Strategic Interaction and Monitoring Synergies

Ljungqvist, Alexander - 2017

We derive conditions for when having a "busy" director on the board is harmful to shareholders and when it is beneficial. Our model allows directors to condition their monitoring choices on their co-directors' choices and to experience positive or negative monitoring synergies across firms....

Persistent link: https://www.econbiz.de/10012453824

What do Boards Really Do? Evidence from Minutes of Board Meetings

Schwartz-Ziv, Miriam - 2011

We analyze a unique database from a sample of real-world boardrooms - minutes of board meetings and board-committee meetings of eleven business companies for which the Israeli government holds a substantial equity interest. We use these data to evaluate the underlying assumptions and predictions...

Persistent link: https://www.econbiz.de/10012461148

1
2
3
4
5
6
7
8
9
10
Next
Last