knowledge, affect the relationship between corporate governance and the risk of bankruptcy. We find that having larger boards … reduces the risk of bankruptcy only for complex firms. Our results also suggest that the proportion of inside directors on the … board is inversely associated with the risk of bankruptcy in firms that require more specialist knowledge, and that the …

This paper aims to investigate the behaviour of the board regarding the effective identification and governance of risk … achieved by constructing a risk governance index for a given corporation. The various elements affecting risk governance by the … board of directors are captured in the risk governance index. For each board, we assign a value for each risk governance …

Profitabilitäts-, Risiko- und Effizienzmaße auf. Im Hinblick auf die Bonusniveaus der Bankmitarbeiter zeigt sich eine hohe … needed how banks are governed and how bank governance is associated with performance and risk taking. This report deals with …, risk and efficiency. Compensation analyses show strong variation in compensation schemes between banks and bank divisions …

entrepreneurs. An entrepreneur, at risk of a lawsuit filing, may save cash as a precautionary measure. When cash accumulates and a … as an alternative precautionary measure against a lawsuit filing. In summary, shareholder litigation risk can increase …

We find that co-opted boards facilitate more erratic and arbitrary decision-making, contributing towards default risk …. A one standard deviation increase in co-option increases default risk by 11% relative to normal levels. Supporting the … may be driven by firm risk-taking, however, we do find evidence suggesting that co-opted boards are less engaged and …