Is executive compensation influenced by the composition of the board of directors? About 8% of chief executive officers (CEOs) are reciprocally interlocked with another CEO—the current CEO of firm A serves as a director of firm B and the current CEO of firm B serves as a director of firm A. Roughly 20% of firms have at least one current or retired employee sitting on the board of another firm a...

It is often difficult to predict how a change in a firm’s corporate governance structure will affect the future value of the firm. We examine what factors are associated with the level of stock market uncertainty surrounding a change in composition of the board of directors by investigating the variations in market reaction to a director resignation announcement. Market uncertainty is measured ...

Both authors contributed equally to the paper. We are grateful to Jerry Davis, Ranjay Gulati, Paul Hirsch, Willie Ocasio. Toby Stuart, Brian Uzzi, and seminar participants at Carnegie Mellon University, the Harvard Business School, and UCLA for comments and suggestions on earlier versions of this paper. The paper has also benefited from the helpful comments of Mark Mizruchi and the anonymous re...

This article is assess whether directors' decisions are influenced by external and internal factors to the company. The explores decision-making tendency, measured through their values, other factors, specifically professional experience, governance rules which they subject must follow, size of companies. An quantitative, applied, descriptive correlational study was carried out. Data collection...

the aim of this study was to explore the minimum amount of urea formaldehyde (uf) resin content and optimum particleboard density while maintaining boards’ quality to reduce production costs. board density at three levels (520, 620 and 720 kg m-3) and resin content (6, 7 and 8%) were variable parameters. stepwise multivariate linear regression models were used to evaluate the influence of board...