Boards

Methods for Multicountry Studies of Corporate Governance (and Evidence from the BRIKT Countries)

We discuss empirical challenges in multicountry studies of the effects of firm-level corporate governance on firm value, focusing on emerging...

The Board of Nonprofit Organizations: Some Corporate Governance Thoughts from Europe

The State of U.S. Corporate Governance: What's Right and What's Wrong?

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...

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...

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...

The Eco Gender Gap in Boardrooms

Using firm- and facility-level measures of corporate environmental performance over the period 2002–2021, we establish a positive association...

Independent Director Incentives: Where do Talented Directors Spend Their Limited Time and Energy?

We study reputation incentives in the director labor market and find that directors with multiple directorships distribute their effort unequally...

Corporate Short-Termism - In the Boardroom and in the Courtroom

A long-held view in corporate circles has been that furious rapid trading in stock markets has been increasing in recent decades, justifying corporate...

The Corporate Governance Movement, Banks and the Financial Crisis

This paper discusses why a ?corporate governance movement? that commenced in the United States in the 1970s became an entrenched feature of American...

Governance and the Financial Crisis

Should boards of financial firms be blamed for the financial crisis' Using a large sample of data on nonfinancial and financial firms for the period...

The Role of Boards of Directors in Corporate Governance: A Conceptual Framework & Survey

This paper is a survey of the literature on boards of directors, with an emphasis on research done subsequent to the Hermalin and Weisbach (2003) survey....