We analyze the valuation effect of board industry experience and channels through which industry experience of outside directors affects firm value. We find that firms with more experienced outside directors are valued at a premium compared to firms with less experienced outside directors. We...

We administered OLS regressions test on the overconfidence bias and the board of directors to obtain evidence concerning CEOs psychological traits and attitudes. We find that CEOs in Tunisian firms are overconfident and the board of directors characteristics as size, independence and duality can...

The problem that plagues Indian family-controlled firms is expropriation of minority shareholders by majority shareholders. Gender quota legislation that mandates appointment of at least one female director without specifying the director type as “independent” exacerbates this...