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Shareholders pay considerable attention to the choice of executive selected as the new CEO whenever a change in leadership takes place. However, without an inside look at the leading candidates to assume the CEO role, it is difficult for shareholders to tell whether the board has made the...
Persistent link: https://www.econbiz.de/10011864957
New Zealand has the reputation as a pioneering nation in policy reform- it was the first to introduce a comprehensive no fault based system for accident compensation, it had an early form of the welfare state, it embraced the economic reforms of the 1980s, and it was the first country to allow...
Persistent link: https://www.econbiz.de/10013085773
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
The board of director has a responsibility to investigate credible allegations that management has engaged in activity that is not in the interest of the company or its shareholders. In the case of illegal activity, the appropriate response is likely to be very clear. Less obvious are the...
Persistent link: https://www.econbiz.de/10011864730
One of the most controversial issues in corporate governance is whether the CEO of a corporation should also serve as chairman of the board. In theory, an independent board chair improves the ability of the board to oversee management. However, an independent chairman is not unambiguously...
Persistent link: https://www.econbiz.de/10011864829
concerns of top managers by considering how the managerial objectives that drive the formation and maintenance of board … framing of information to suggest how the administration of social network surveys can influence managers' perceptions about … managers at other firms in the board interlock network.We test our theoretical argument with an original quasiexperiment in …
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