Purpose: Are board ties among competitors harmful to customers? The prevalent assumption on board ties among competitors is that they harm customer benefits. This study examines the mechanism by which board ties with competitors result in an outcome conducive to customers....

The paper investigates how Private Equity (PE) ownership influences out-performance of a high-growth firm, and whether it differs from the effect of two other important types of financial investors: banks and non-bank financial firms. We transform the levered return on equity into a unlevered...

Good governance practices enhance monitoring and therefore BASEL III has also given importance to corporate governance. The Indian regulatory body of banks, the Reserve Bank of India (RBI) has also provided a “fit and proper” framework for the selection of board. The recent scams in the...