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In recent years, increasing attention has focused on the influence of gender and racial diversity on boards of directors. Sixteen countries now require quotas to increase women's representation on boards, and many more have voluntary quotas in corporate governance codes. In the United States,...
Persistent link: https://www.econbiz.de/10009506954
The financial crisis made apparent the fact that managers and the boards of banks had failed to see the implications of irrational behavior and had ignored the risk associated with group think. Taking data from Switzerland our study shows that there is an increasing homogeneity of management and...
Persistent link: https://www.econbiz.de/10012722552
We explore the labor market effects of gender and race by examining board leadership appointments. Prior studies are often limited by observing only hired candidates, whereas the boardroom provides a controlled setting where both hired and unhired candidates are observable. Although diverse...
Persistent link: https://www.econbiz.de/10012903116
For the last two decades, board diversity is increasingly considered as a significant mechanism of good corporate governance. Thus, the question arises whether a heterogeneously or rather a homogenously composed board contributes to the efficiency of a company's management and monitoring....
Persistent link: https://www.econbiz.de/10012972510
This study examines the relationship between board diversity and firm value for 500 large listed Indian firms. This relationship is examined using annual data from 2003-13. Board Diversity is measured by presence of women on the board. Firm Value is measured by using both accounting and market...
Persistent link: https://www.econbiz.de/10013056841
Corporate boards are responsible for the governance of firms. The board’s responsibilities include setting the strategic aims of the firms, providing the necessary leadership, supervising management, and reporting to shareholders. Given that the overall goal is to maximise firm value, this...
Persistent link: https://www.econbiz.de/10014258788
Persistent link: https://www.econbiz.de/10009668351
UK and the Netherlands has been used. Research findings did not show convincing support for the main research question … nationality diversity within the executive boards between Germany, UK and the Netherlands are discussed and tested. Lastly, this … UK and the Netherlands. First, the findings show that more foreigners within the executive board would lead to higher …
Persistent link: https://www.econbiz.de/10013100662
International differences exist in the legal, cultural, ownership and other aspects of corporate governance. Convergence, however, is achieved in core aspects of corporate governance, such as transparency, disclosure, and the importance of independent, non-executive directors (Mallin, 2007)....
Persistent link: https://www.econbiz.de/10013145133
Persistent link: https://www.econbiz.de/10011568417