Showing 1 - 10 of 199
We study the gender pay gap in the labor market for CEOs by analysing 1,174 outsider CEO successions over the past three decades across 18 countries. We find that male and female CEOs receive a similar compensation overall but this masks marked gender differences in the pay structure: namely,...
Persistent link: https://www.econbiz.de/10013471202
This paper studies the effect on company performance of appointing non-executive directors that are also executive … directors in other firms. The analysis is based on a new panel dataset of UK companies over 2002-2008. Our findings suggest a … positive relationship between the presence of these non-executive directors and the accounting performance of the appointing …
Persistent link: https://www.econbiz.de/10010246653
This paper analyzes the determinants of women on the boards of directors based on a panel sample of all Danish … companies in the private sector with more than 50 employees. The share of women on the boards of directors was 12 percent in … board of directors tend to have significantly fewer other non-staff board members. We find clear evidence of a tokenism …
Persistent link: https://www.econbiz.de/10010201307
dataset on executives and outside directors of corporations listed on the Paris stock exchange over the 1992-2003 period. This … data source is a matched employer employee dataset providing both detailed information on directors/CEOs and information on … directors. Networks of former high ranking civil servants are the most active in shaping board composition. Our identification …
Persistent link: https://www.econbiz.de/10003274247
This paper studies the turnover of board of directors members in a sample of 72 companies listed on the Milan Stock …. Overall our findings suggest that the characteristics of the Italian economy deeply affect the turnover of directors and have …
Persistent link: https://www.econbiz.de/10011318600
In 2002, an amendment to UK parliamentary regulations removed restrictions on the participation of members of parliament (MPs) in parliamentary proceedings related to their corporate interests. Using this amendment as a quasi-natural experiment, we demonstrate gains in firm value and...
Persistent link: https://www.econbiz.de/10012239525
evolution of boards of directors, such as the declining participation of insider directors and the increasing participation of … foreign and female directors. It also shows that board characteristics are linked to company performance (the market …-to-book ratio, Tobin's Q, ROE and ROA), suggesting that boards of directors play a non-trivial role in corporate governance in …
Persistent link: https://www.econbiz.de/10011595577
In this paper, we study the roles of expertise and independence on governing boards in the context of education. In particular, we examine the causal influence of professional educators elected to local school boards on education production. Educators may bring valuable human capital to school...
Persistent link: https://www.econbiz.de/10012022756
effects are particularly pronounced when firms appoint several women directors, which is consistent with the critical mass …
Persistent link: https://www.econbiz.de/10012019226
institution drivers of the prevalence of women directors on supervisory and management boards in both public and private firms … women remain rare in both boards of firms in Europe: approximately 70% have no women directors on their supervisory boards …, and 60% have no women directors on management boards. We leverage institutional and resource dependency theoretical …
Persistent link: https://www.econbiz.de/10012153629