Boards

The Corporate Governance of Privately Controlled Brazilian Firms

We provide an overview of the corporate governance practices of Brazilian public companies, based primarily on an extensive 2005 survey of 116...

Women in the Boardroom and their Impact on Governance and Performance

We show that female directors have a significant impact on board inputs and firm outcomes. In a sample of US firms, we find that female directors have...

Are All Inside Directors the Same? Do They Entrench CEOs or Facilitate More Informed Board Decisions?

Private Equity vs PLC Boards in the U.K.: A Comparison of Practices and Effectiveness

We interview 20 executives in the UK who have been members of both PE and PLC boards of relatively large companies. The main difference we find in PE and PLC...

Mandatory Governance Reform and Corporate Risk Management

Using the Sarbanes-Oxley Act of 2002 as a quasi-natural experiment to identify the impact of corporate governance reform on foreign exchange risk...

Does Board Gender Diversity Affect Renewable Energy Consumption?

This paper examines the effect of board gender diversity on renewable energy consumption. Using a panel of 11,677 firm-year observations from the USA...

Synthetic Governance

Although securities regulation is distinct from corporate governance, the two fields have considerable substantive overlap. By increasing the...

The Rise of Bankruptcy Directors

In this Article, we use hand-collected data to shed light on a troubling development in bankruptcy practice. We show that distressed companies,...

Delegated Gender Diversity

We revisit the value implications of female representation on boards by exploiting the board diversity campaign announcement by Norges Bank...

Reputation Incentives of Independent Directors: Impacts on Board Monitoring and Adverse Corporate Actions

We find a large body of evidence that independent director reputation incentives can vary across directors and can significantly influence important...

The Supply of Corporate Directors and Board Independence

Quack Corporate Governance, Round III? Bank Board Regulation Under the New European Capital Requirement Directive

After a crisis, broad-sweeping reforms are enacted to restore trust. With the 2013 Fourth Capital Requirements Directive (CRD IV), the European Union...