Are boards designed to fail? The implausibility of effective board monitoring

S Boivie, MK Bednar, RV Aguilera… - … of Management Annals, 2016 - journals.aom.org
In this review, we challenge the idea that directors are well positioned to be effective
monitors of management. Moving beyond the logic of incentives and ability, we …

Boards of directors as an endogenously determined institution: A survey of the economic literature

B Hermalin, MS Weisbach - 2001 - nber.org
This paper surveys the economic literature on boards of directors. Although a legal
requirement for many organizations, boards are also an endogenously determined …

[HTML][HTML] The impact of the Russia-Ukraine crisis on the stock market: Evidence from Australia

MR Kamal, S Ahmed, MM Hasan - Pacific-Basin Finance Journal, 2023 - Elsevier
This paper investigates the effect of the Russia–Ukraine crisis on the Australian stock
market. Using the event study methodology, we find significantly negative abnormal returns …

Women on boards and bank earnings management: From zero to hero

Y Fan, Y Jiang, X Zhang, Y Zhou - Journal of Banking & Finance, 2019 - Elsevier
We examine how women on boards influence bank earnings management. Using the
likelihood of a board appointing women directors based on a Blau index of gender diversity …

Board attributes, corporate social responsibility strategy, and corporate environmental and social performance

A Shaukat, Y Qiu, G Trojanowski - Journal of Business Ethics, 2016 - Springer
In this paper, we draw on insights from theories in the management and corporate
governance literature to develop a theoretical model that makes explicit the links between a …

Female directors, board committees and firm performance

CP Green, S Homroy - European Economic Review, 2018 - Elsevier
A number of studies have found little economic impact of board gender diversity on firm
performance. We return to this issue in the context of large European firms. Our contribution …

Women on board: does boardroom gender diversity affect firm risk?

V Sila, A Gonzalez, J Hagendorff - Journal of corporate Finance, 2016 - Elsevier
We investigate the relationship between boardroom gender diversity and firm risk. To
identify a causal effect of gender on risk, we use a dynamic model that controls for reverse …

[HTML][HTML] Fiduciary duty or loyalty? Evidence from co-opted boards and corporate misconduct

R Zaman, N Atawnah, GA Baghdadi, J Liu - Journal of Corporate Finance, 2021 - Elsevier
We examine the effect of co-opted boards on corporate misconduct and document a
significant positive relationship. Utilising a large sample of public US companies from the …

Corporate boards, audit committees and voluntary disclosure: Evidence from Italian listed companies

M Allegrini, G Greco - Journal of Management & Governance, 2013 - Springer
This paper investigates the interplay between governance and disclosure in an agency
setting, featured by concentrated ownership and high insider shareholders representation in …

[引用][C] 独立董事能否抑制大股东的“掏空”?

叶康涛, 陆正飞, 张志华 - 2007