more independent, both price and nonprice loan terms (e.g., interest rates, collateral, covenants, and performance …

independent, both price and nonprice loan terms (e.g., interest rates, collateral, covenants, and performance-pricing provisions …

boards affect the performance of firms. Using cumulative stock returns over the crisis to measure of firm performance, we … find that board independence, as traditionally defined, does not significantly affect firm performance. However, when we re … a positive and significant relationship between this measure and firm performance. Second, outside financial experts are …

investigates the effects of academic directors on corporate governance and firm performance. We find that companies with directors … from academia are associated with higher performance and this relation is driven by professors without administrative jobs …. Specifically, our results show that the presence of academic directors is associated with higher acquisition performance, higher …