Showing 1 - 10 of 15,113
Two decades ago, McKinsey advanced the idea that large U.S. companies are engaged in a “war for talent” and that to remain competitive they need to make a strategic effort to attract, retain, and develop the highest-performing executives. To understand the contribution of the human resources...
Persistent link: https://www.econbiz.de/10012065210
Persistent link: https://www.econbiz.de/10011446723
Using five empirical methodologies to account for endogeneity issues, this study investigates the effects of board independence and managerial pay on the performance of 169 Saudi listed firms between 2007 and the end of 2014. Studying board independence and managerial pay utilises the main...
Persistent link: https://www.econbiz.de/10013227123
This collection of short papers examines the role of corporate governance with regard to human resource management and corporate strategy over the course of the firm life cycle, as well as in diverse institutional environments such as the UK, Germany and Japan
Persistent link: https://www.econbiz.de/10014027002
The article presents an original research on 1) the information theory of the board of directors and 2) the strategy creation by the interlocking interconnecting directors in the boards of directors in the firms in an information century. We review the possible structures of the board of...
Persistent link: https://www.econbiz.de/10013029768
The aim of this paper is to explain relationship between earning management, corporate governance and managerial optimism through the governance characteristics that are board of directors such as independence, duality and size and ownership structure such as managerial participation, block...
Persistent link: https://www.econbiz.de/10014153449
We exploit a recent regulation passed by the US Securities and Exchange Commission (SEC) to explore the nomination of board members to US publicly traded firms. In particular, we focus on firms' use of executive search firms versus simply giving choice rights to internal members (oftentimes...
Persistent link: https://www.econbiz.de/10013007318
paradigm. Controlling shareholders, this Article suggests, may in fact overpay managers in order to maximize controllers …' consumption of private benefits, due to their close social and business ties with professional managers or for other reasons, such … as being captured by professional managers. This tendency to overpay managers is further aggravated by the use of control …
Persistent link: https://www.econbiz.de/10013033141
In 2002, U.S. stock exchanges and the Sarbanes-Oxley Act established minimum standards for director independence. An unintended consequence of these director rules was to alter firm choice of other tools for mitigating agency problems. This unintended consequence is studied on a new dataset with...
Persistent link: https://www.econbiz.de/10013035413
Using a novel dataset of outside directors' opinions from 2005 to 2009, we explore the determinants of outside directors' saying ‘no' and what happens after they say ‘no' at board meetings in listed Chinese firms. We find that the firms with more severe agency problems between controlling...
Persistent link: https://www.econbiz.de/10013121264