No abstract.

Using firm-level corporate governance data for 385 IPO (initial public offering) firms that sought to be listed on Bursa Malaysia from 1999 to 2008, this study examines the relationship between board structures and IPO underpricing, a performance indicator unique to the IPO context. The study...

The aim of this paper is to extend the empirical literature on the determinants of a board composition, specifically why family members participate in board of directors. Although both socioemotional wealth approach and agency theory use family-oriented objectives as an important dimension to...

It is a fairly common practice for the CEOs of one corporation to serve on the Board of Directors of another corporation. The question addressed here is the effect that the presence of outside CEOs on the Board of Directors has on the compensation of the firmÕs CEO. There are two alternative...

The aim of this paper is to shed light on the cognitive as well as the disciplinary role of one important governance mechanism that is the board of directors in a privatization context. Using a sample of privatized French companies, we examine the relationship between the size, component and...