This study examines participation of African-Americans on the boards and board committees of the US Fortune 500. Prior work suggests the use of committee assignment to discern active versus figurehead involvement on boards. We use a logistic regression model that controls for director traits,...

Purpose – The purpose of this paper is to provide a brief review of pre-2003 work on the weekend effect and then discuss how recent selected work has extended our knowledge of the subject. Design/methodology/approach – Results of recently published studies are organized and summarized by...

This study examines the presence and roles of female directors of U.S. Fortune 500 firms, focusing on committee assignments and director background. Prior work from almost two decades ago concludes that there is a systematic bias against females in assignment to top board committees. Examining a...

Purpose –The purpose of this paper is to analyze the effects of individual manager characteristics on real estate mutual fund (REMF) performance. Human capital theory predicts that factors like education, experience and professional certifications improve skill sets and thus performance....

This is the first empirical study to test the impact of the Tax Reform Act of 1986 on office property values and the impact of regional economic conditions. The results for the period 1983–1988 indicate that it had a significant negative effect on values in all four regions and the...