Gender diversity on corporate boards is a popular topic both in academic and in business publications, but the focus is typically on ‘how' rather than ‘why'. This paper argues that the motivation for seeking to increase the number of women on boards necessarily affects the means of achieving...

In April, Michigan State University School of Law held a symposium entitled “Pathways to Power.” For the most part, symposium speakers confined themselves to speaking about women’s progress along partner tracks in law firms, into positions as prosecutors and judges, and elections to...

In the United States, the representation of women on corporate boards of directors has been flat for 6 years now. By contrast, elsewhere around the world the topic is a hot button issue. This includes Australia where the proportion of board seats held by women has suddenly jumped from 8% in 2010...

Since my books on the role of women appeared, in 2007 and in 2010, the participation by women in corporate governance has become a front page issue in many European nations, including Norway, Spain, and France, which have adopted quota laws, and in Belgium, the Netherlands and Italy, which may...

Using data on over 4,000 individual residential addresses, we find that geographic distance between directors and corporate headquarters is related to information acquisition and board decisions. The fraction of a board's unaffiliated directors who live near headquarters is higher when...

This study investigates the importance of corporate boards by exploiting the predictions from a learning model in which capital markets process information and learn about the quality of incoming directors. The estimates suggest that upon the arrival of a new director, uncertainty about...

This paper documents board meeting attendance rates of outside directors at Korean public companies depending on meeting agenda. By investigating 128,288 agendas brought to board meetings from 2011 and 2014, I find that outside directors show significantly higher absence rate for agendas bearing...

This study examines whether parity codetermination at German supervisory boards improves labor investment efficiency at firm level. We focus on labor, as it is an important production factor. Labor investment decisions are not easily reversible in the short term, given that hiring and firing...

The board of directors is acknowledged as one of the most important internal corporate governance structure. This paper reports an exploratory and qualitative study of the characteristics of an effective board by the Malaysian corporate leaders. The results are derived from semi structured...

Companies restate when material misstatements are identified in previously issued financial statements. Misstatement research in Latin America is sparse, even though they are an important context to study this phenomenon. Chile’s corporate governance regulations are considered exemplars for...