We examine the impact of board size on firm performance for a large sample of 2,746 UK listed firms over 1981-2002. The UK provides an interesting institutional setting, because UK boards play a weak monitoring role and therefore any negative effect of large board size is likely to reflect the...

Federal regulations require all research funded by the federal government and involving human subjects to be overseen by an institutional review board (IRB) that evaluates whether the risks to subjects are minimized; whether those risks are reasonable in light of expected benefits; and whether...

The large increase in common institutional ownership raises significant antitrust concerns, even if the precise channel of any potential influence on market outcomes is unclear. Using a novel dataset on shareholders’ board representation, we examine the role of common institutional directors...