This study examines the association between pilot CEOs and management earnings forecasts. We find that firms with pilot CEOs are associated with a lower likelihood of issuing voluntary earnings forecasts, suggesting that pilot CEOs are less likely to release private information through earnings...

Due to the Sarbanes-Oxley Act (SOX), new rules that require independent directors on corporate boards and committees are likely to create overlapping board structures (when a director serves on more than one committee). The purpose of this study is to examine the effects of independent and...