This paper empirically examines the role of radical grain yield targets in triggering China's Great Famine (1959-1961), one of the largest man-made catastrophes in human history. Starting from 1958, the Chinese central government assigned different grain yield targets to most counties based on...

We provide a new perspective to the multiple directorships literature, which focuses on outside directors. Inside directors, however, are important both in the boardroom and day-to-day operations of the firm. We find that any negative effect of director busyness is more pervasive for inside...

The extant literature shows that institutional investors engage in corporate governance to enhance a firm's long-term value. Measuring firm performance using the F-Score, we examine the persistent monitoring role of institutional investors and identify the financial aspects of a firm that...

Graduation travel, or a trip taken after completion of undergraduate studies, is a niche phenomenon. Given the dearth of research on graduation travel, this study is first to investigate the stage-specific identity formation when a sense of self is initially established. Underpinned by the...