Motivated by agency conflicts of real earnings management and upper echelons in CEO demographic characteristics, this study examines the effect of CEO attributes on real earnings management and addresses the question of whether the presence of an independent board ensures accurate and reliable...

Purpose - This study examines the impact of two different types of foreign ownership – by Arab and non-Arab investors on firms' financial and social performance. It then goes on to investigate how the degree of board independence affects the aforementioned relationship between these two types...

This study investigates the effect of board diversity in terms of gender and ethnicity on dividend payout policy when a firm has free cash flow agency problem. It also tests whether the probability of diverse boards would minimize free cash flow agency problem through making large dividend...

This study examines the relationship between board characteristics and earnings quality after the Malaysian Code on Corporate Governance was amended in 2007. It uses heteroskedasticity-corrected least square regressions upon a sample of Malaysian firms listed in 2008 and 2009. We find that the...