income smoothing (discretionary accruals) on firm value in the Korean markets. During the period from 2003 to 2010, we find … that the value of the firm has a significant positive relationship with the level of derivatives use but an insignificant … the firm value is strong and significant in group 1 and this relationship is robust across subperiods, while there is an …

English Abstract: This paper analyzes the effect of similarity among board members on firm performance in Japanese … firm performance. The analyses revealed that similarity of age among board members had adverse effects on firm performance …. In addition, greater variation in educational background among board members predicted better firm performance. It seems …