Showing 1 - 10 of 513
are composed in terms of the professional and demographic characteristics of their board members and to the differences in … professional and demographic characteristics. The effects of the heterogeneity of supervisory board composition on board … performance and company performance are the focus of chapter 4. In a first step, the relation between board heterogeneity and …
Persistent link: https://www.econbiz.de/10009475315
examines the impact of M & A on profitability of firms in India, where the corporate landscape is dominated by family-owned and … results indicate that, during the 1995-2002 period, M & A in India led to deterioration in firm performance. We also find that …-owned and group affiliated firms in India. …
Persistent link: https://www.econbiz.de/10009477189
This study examines the association between external audit fees, and board and audit committee characteristics of 736 … in lower audit fees. Drawing on the existence of a clearly identifiable ethnic domination of board membership and … positively and significantly related to board independence, audit committee expertise, and the frequency of audit committee …
Persistent link: https://www.econbiz.de/10009441721
constituent of firms?? corporate governancestructures. However, the empirical evidence regarding the impact of board structure … of board independence may depend upon thestrengths of other governance mechanisms.I study the importance of board … independence from the viewpoint of an investorby examining the market reaction to board member resignation announcements. I …
Persistent link: https://www.econbiz.de/10009464802
suggests that board discussions can systematically induce directors to make a collective decision that amplifies their average … them to on average support a relatively high (low) premium prior to a board meeting, they tend to approve a focal premium … type of decision under consideration, and the relative power (minority vs. majority). There is also evidence that board …
Persistent link: https://www.econbiz.de/10009476655
different people hold the CEO and board chairman positions. We also find limited evidence that investor reaction is more … positive when the board has a greater representation of outside directors, the CEO has less ownership, and the board is not too …
Persistent link: https://www.econbiz.de/10009458997
the presence of a chief risk officer, board independence, CEO and CFO apparent support for ERM, the presence of a Big Four …
Persistent link: https://www.econbiz.de/10009459108
?Design/methodology/approach – Board membership of incumbent directors in US firms accused ofaccounting fraud are tracked for three years after the … revelation. Two labor marketconsequences/penalties are considered. Probability of losing internal, own firm board seat is … thelikelihood that incumbent directors leave the accused firm’s board upon accounting fraud revelation.The likelihood of losing at …
Persistent link: https://www.econbiz.de/10009459210
over 250 studies. Our corporate governance focus is primarily on corporate board and audit committee issues. We discuss the …
Persistent link: https://www.econbiz.de/10009459107
I examine the market reaction to merger announcements and the long-term post-merger stock price performance of newly merged firms. For a sample of 484 acquiring firms completing mergers between 1993 and 2000, the average value-weighted abnormal announcement date return (market-adjusted) is a...
Persistent link: https://www.econbiz.de/10009465013