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Pathways for Women to Senior Management Positions and Board Seats : An A-Z List

Branson, Douglas M. - 2012

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...

Persistent link: https://www.econbiz.de/10014040810

Board leadership structure and human capital disclosure : role of independent directors

Tejedo-Romero, Francisca; Tejada Ponce, Angel; … - In: European research on management and business economics 29 (2023) 3, pp. 1-12

This study investigates board characteristics, including board leadership structure, which explain the human capital disclosure (HCD) provided by companies. It uses a self-constructed disclosure index to quantify the level of human capital information using content analysis. Generalized method...

Persistent link: https://www.econbiz.de/10014480017

Performance effects of appointing other firms' executive directors to corporate boards : an analysis of UK firms

Muravyev, Alexander; Talavera, Oleksandr; Weir, Charlie - 2014

This paper studies the effect on company performance of appointing non-executive directors that are also executive directors in other firms. The analysis is based on a new panel dataset of UK companies over 2002-2008. Our findings suggest a positive relationship between the presence of these...

Persistent link: https://www.econbiz.de/10010246653

A Test of the Incremental Power of CEO Productivity in Optimum Incentive Modelling

Canil, Jean - 2011

Employing a unique dataset with varying grant sizes and exercise prices, we test the competing optimal option incentive models of Hall and Murphy (2000, 2002) (HM) and Baker and Hall (2004) (BH) which differ with respect to the impact of CEO productivity on incentive determination and also the...

Persistent link: https://www.econbiz.de/10013128504

CEOs’ Military Experience, Agency Costs and Acquisition Decisions

Lin, Chen - 2013

We examine the effect of a CEO's military service on merger and acquisition decisions and outcomes. We find that acquirers led by CEOs with military backgrounds earn significantly higher abnormal stock returns at deal announcement, and these deals exhibit higher short-run and long-run synergies....

Persistent link: https://www.econbiz.de/10013092373

Australian Evidence on CEO Option Grants

Canil, Jean - 2014

We test the option incentive models of Hall and Murphy (2000, 2002) and Choe (2003). Hall and Murphy (2000, 2002) posit optimal grant size and exercise price contingent on the executive's levels of risk aversion and private diversification. Choe (2003) relates these choices to firm...

Persistent link: https://www.econbiz.de/10013064430

Mitigating the Impact of Managerial Anchoring : The Case for Management by Committee for Major Corporate Financial Decisions

Chia-Hsing, Huang - 2014

can be better off using two or more managers when managerial anchoring can lead to significant cost increases. This paper … anchoring costs if managers anchor in different directions. It is also shown that firms cannot completely eliminate the impact … of anchoring even if they hire an infinite number of managers. Firms should consider hiring additional managers in …

Persistent link: https://www.econbiz.de/10013064465

Learning About Directors

Stern, Lea Henny - 2019

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...

Persistent link: https://www.econbiz.de/10012904103

Tough Love : The Effects of Debt Contract Design on Firms' Performance

Spyridopoulos, Ioannis - 2019

I investigate whether restrictive loan covenants disrupt or improve firms' operating performance. Using an instrumental variables approach to address the endogenous relationship between covenant strictness and firms' efficiency, I find that stricter loan covenants lead to an increase in...

Persistent link: https://www.econbiz.de/10012904508

Beauty and Appearance in Corporate Director Elections

Geiler, Philipp - 2019

We study the role of facial appearance in corporate director (re-)elections by means of director photographs published in annual reports. We find that shareholders use inferences from facial appearance in corporate elections, as a better (higher rated) appearance measure of a director reduces...

Persistent link: https://www.econbiz.de/10012896558