Women on Boards: The Superheroes of Tomorrow?
Can female directors help save economies and the firms on whose boards they sit? Policy makers seem to think so. Numerous countries have implemented...
Read moreCan female directors help save economies and the firms on whose boards they sit? Policy makers seem to think so. Numerous countries have implemented...
Read moreThis paper studies the two potentially contrasting effects on IPO pricing and post-IPO operating performance of family ties as well as social ties the...
Read moreWe study reputation incentives in the director labor market and find that directors with multiple directorships distribute their effort unequally...
Read moreOutside directors constitute a key component of most prescriptions for good governance of public companies. Given that outside directors are...
Read moreWe study how well-incentivized boards monitor CEOs and whether such monitoring improves performance. Using unique, detailed data on boards’...
Read moreThe moral hazard incentives of the bank safety net predict that distressed banks take on more risk and higher leverage. Since many factors reduce these...
Read moreUsing a unique sample, we attempt to identify the consequence of the separation between inside ownership and control for firm performance. We exploit...
Read moreWe analyze how 14,000 US top executives exercise their stock options. Factors suggested by existing theories have low or moderate explanatory power....
Read moreThe representation of women in top corporate officer positions is steadily increasing. However, little is known about the impact this will have. A large...
Read moreWe analyze rights and public offerings when informed shareholders strategically choose to subscribe. Absent wealth constraints, rights offerings...
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