Showing 1 - 10 of 5,638
- introduce the cognitive and affective processes related to directors' identification with the traditional corporate elite as an … as a locus for the maintenance of the positive distinctiveness of the established corporate elite, we conjecture that new … board positions held by male directors who are not prototypical of the established elite. We also uncover how this …
Persistent link: https://www.econbiz.de/10010206901
Persistent link: https://www.econbiz.de/10012249143
Persistent link: https://www.econbiz.de/10012584988
The hallmark of good corporate governance is an independent board of directors to oversee management. However, it is not clear that independent directors receive the information they need to make fully informed decisions on all key matters. Partly, this is due to an information gap, whereby...
Persistent link: https://www.econbiz.de/10011980147
We examine professional directors—board members with no employment outside of serving as independent directors. We find that boards with a higher percentage of professional directors engage in more acquisitions, experience lower acquisition-announcement returns, and exhibit lower...
Persistent link: https://www.econbiz.de/10011646428
Many observers consider the most important responsibility of the board of directors its responsibility to hire and fire the CEO. To this end, an interesting situation arises when a CEO resigns and the board chooses neither an internal nor external candidate, but a current board member as...
Persistent link: https://www.econbiz.de/10011870297
Persistent link: https://www.econbiz.de/10011873666
Persistent link: https://www.econbiz.de/10011876824
Directors are more likely to obtain additional directorships, especially at prestigious firms, if the CEOs of their current boards are well-connected. Recommended directors do not become beholden to the CEO, as CEO compensation is unaffected and an analysis of appointment announcement returns...
Persistent link: https://www.econbiz.de/10011899609
This paper analyzes the determinants of women on the boards of directors based on a panel sample of all Danish companies in the private sector with more than 50 employees. The share of women on the boards of directors was 12 percent in 2007 and has only slowly increased during the period...
Persistent link: https://www.econbiz.de/10010201307