Using a broad sample of the largest European companies, I examine whether the two governance mechanisms, namely (i) independent monitoring by a board of directors and (ii) grants and disclosures of incentive-based executive pay, are substitutes for one another. I find that companies with proportionately more executives on their boards of directors grant greater incentive-based pay to their exec...

This study examines the effect of institutional governance on financial performance National Microfinance Banks (NMFBs) inNigeria for period 2016 to 2021. Institutional was proxy by Board characteristics such as board size, independence, gender diversity, and audit committee size while measured returns assets (ROA). The adopts a descriptive research design panel multiple regression used test hy...

a Assist. Prof., Department of Business Administration, City University, Bangladesh, [email protected] Abstract: This is an exploratory study designed to investigate the extant and nature of corporate social responsibility disclosure (CSRD) in corporate annual reports (CAR) of listed companies in Bangladesh. Specifically, the report examines the relationship between corporate attributes and f...

We examine how board networks affect change-of-control transactions by investigating whether directors’ deal exposure acquired through board service at different companies affect their current firms’ likelihood of being targeted in a private equity-backed, takeprivate transaction. In our sample of all US publicly traded firms in 2000–2007, we find that companies which have directors with privat...

We examine the effect of the appointment of directors on the share price of FTSE companies. We find that the share price reaction to the appointment of Directors suggests that gender is not an issue in the appointment of Non-Executive Directors, but it does have an effect on the market reaction to the appointment of Executive Directors. Corresponding Author: Brian M Lucey, School of Business an...

The findings, interpretations and conclusions expressed in this paper are entirely those of the authors. They do not necessarily represent the views of the World Bank, its Executive Directors, or the countries they represent. Without wishing to incriminate them in any way, we would like to acknowledge the helpful comments of Peter Lanjouw and Milla McLachlan on an earlier draft of this paper. T...

the present study has been done with the aim of exploring the effects of organizational dynamic capabilities on competitive advantage in consulting firms. to do so, a grounded theory method was used which was suitable regarding the explorative nature of the research. seventeen consulting firms were the research sample. the ceos and members of board of directors of these firms were interviewed. ...

This study examined the influence of executive board directors’ gender diversity on financial performance listed companies Bucharest Stock Exchange, for period 2011 to 2019. The analysis composition and different characteristics directors proved be effective tools corporate governance in countries with an emerging capital market. Therefore, a disclosure index was used moderate interaction betwe...

We study the association between gender of Chief Executive Officer (CEO) and probability that firms go public through an Initial Public Offering (IPO), using data for full population Swedish IPO from 2005-2017, matched private firms. find are less likely to have a female CEO. The results robust when we test change CEO: switch male CEO public, consider balance among board directors.