Corporate Governance and Control
Corporate governance is concerned with the resolution of collective action problems among dispersed investors and the reconciliation of conflicts of...
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Board Structure and Monitoring: New Evidence from CEO Turnovers
We use the 2003 NYSE and NASDAQ listing rules concerning board and committee independence as a quasi-natural experiment to examine the causal relations...
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Lift not the Painted Veil! To Whom are Directors? Duties Really Owed
In this article, we identify a fundamental contradiction in the law of fiduciary duty of corporate directors across jurisdictions, namely the tension...
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The impact of board gender composition on dividend payouts
This paper investigates whether female independent directors are more likely to impose high dividend payouts. We find evidence that firms with a larger...
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Disclosing Directors
Is there a correlation between the composition of the board of directors and the quantity and quality of information disclosed to the market, and in...
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Do Employee Interests Affect Target Board Decisions About Acquisition Offers? Evidence from Changes in Unemployment Insurance
We explore whether employee interests affect the evaluation of acquisition offers by target boards of directors. Exploiting changes in state...
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Developments in Singapore Company Law in 2020
Singapore’s common law-origin corporate law regime ranks highly on corporate law and governance indices and is administered in part by superior...
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The Eco Gender Gap in Boardrooms
Using firm- and facility-level measures from 2002 to 2021, we show that having female directors leads to more environmental-friendly business...
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