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We study the role of facial appearance in corporate director (re-)elections by means of director photographs published in annual reports. We find that shareholders use inferences from facial appearance in corporate elections, as a better (higher rated) appearance measure of a director reduces...
Persistent link: https://www.econbiz.de/10012945481
This paper analyzes the labor market (turnover and appointments) of executive and non-executive directors by means of social network methodology. We find that directors with strong networks are able to obtain labor market information that enables them to leave their firm more easily for better...
Persistent link: https://www.econbiz.de/10012932676
-maximizing acquisitions are expected. Whereas in widely-held firms the decision power is with the management, in firms with concentrated … ownership the decision power may be with major blockholders. This may entail that ownership concentration and equity-based pay …
Persistent link: https://www.econbiz.de/10012951091
managers who are board members as they earn £1.3 million less over a five-year period. We also show that the gender pay gap is …
Persistent link: https://www.econbiz.de/10013060906