Showing 1 - 10 of 206
We study shareholder support for corporate board nominees before and after the 2018 California gender quota. Pre-quota, new female nominees received greater support than new male nominees, consistent with women being held to a higher standard. Post-quota, as the number of women increased,...
Persistent link: https://www.econbiz.de/10013330004
Motivated by agency theory and arguments from linguistic studies, we argue in this paper the internationalization of a …
Persistent link: https://www.econbiz.de/10013247370
Despite the global reach of their commercial activities, many multinational firms have proved slow in internationalizing their boards of directors. Based on a panel study of the internationalization of the boards of 347 non-financial firms from the Nordic countries, we find a higher fraction of...
Persistent link: https://www.econbiz.de/10010320198
This study examines the role of institutional environment in influencing the migration of corporate governance best practice into 22 emerging African economies. Using a unique and comprehensive sample hand-collected sample of 202 IPO firms from across the continent we adopt a novel institutional...
Persistent link: https://www.econbiz.de/10012936078
We argue that the corporate governance of emerging economy IPO firms is influenced by firm-specific institutionally embedded block ownership groups. Applying an extended institutional logic perspective and using a mixed-effects ordered probit model, our findings from 190 IPO-firms from 22...
Persistent link: https://www.econbiz.de/10012942360
Boards hire and fire CEOs based on imperfect information. Using comprehensive data on 28 cohorts in Sweden, we analyze the role of a potentially important attribute—CEO health—in corporate governance. Boards hire CEOs who are healthier than other high-skill professionals, in particular in...
Persistent link: https://www.econbiz.de/10012838861
This study examines the governance attributes of post-IPO (initial public offering) retained ownership of private equity in business group constituent firms in contrast to their unaffiliated counterparts, in 202 newly listed firms in 22 emerging African economies. We adopt an actor centred...
Persistent link: https://www.econbiz.de/10011442471
Boards hire and fire CEOs based on imperfect information. Using comprehensive data on 28 cohorts in Sweden, we analyze the role of a potentially important attribute—CEO health—in corporate governance. Boards hire CEOs who are healthier than other high-skill professionals, in particular in...
Persistent link: https://www.econbiz.de/10012615394
I apply a survival model to a detailed data set of Swedish patents to estimate how different factors affect the likelihood of patent renewal. Since the owners know more about the patents than potential external financiers, there is a problem of asymmetric information. To overcome this, Sweden...
Persistent link: https://www.econbiz.de/10012825159
Though more than 100 countries have adopted gender quotas, the impacts of these reforms on women's political leadership remain largely unknown. We exploit a quasi-experiment - a zipper quota imposed by the Swedish Social Democratic national party on municipal party groups - to examine quotas'...
Persistent link: https://www.econbiz.de/10010504486