Literature on executive compensation has relatively neglected the impact of institutional governance contexts. Regarding filling this gap, study examines influence mechanisms excess comparing a set listed UK and Spanish firms an 8‐year panel data. Findings indicate that are characterized by higher than because less effectiveness ownership structure board directors. Differences in concentration ...

This thesis consists of three essays and studies CEO compensation and mergers and acquisitions in empirical corporate finance. The first essay is sole-authored and is titled ‘The Effect of Social Interactions on Executive Compensation.’ The second essay ‘The Role of Investment Banker Directors in M&A: Can Experts Help?’ is a joint work with Qianqian Huang, Erik Lie, and Ke Yang. The third essay...

The world-wide inflation in executive compensation in recent years has been accompanied by an increase in the prevalence of long-term incentives. This article demonstrates how the subjectively perceived value of long-term incentives is affected by risk aversion, uncertainty aversion, and time preferences. Based on a unique empirical study which involved collecting primary data on executive pref...

The role of independent directors has been for years in the spotlight international studies. This phenomenon, which was initially a prerogative corporations English-speaking countries, over last two decades rapidly spread across Europe, where several countries have introduced specific regulations, borrowing from best practices. Board independence is thought to buffer firms against opportunistic...

Superintendence, direction and control of preparation of electoral rolls for, and the conduct of elections, to Parliament and state legislatures and elections to the offices of President and Vic-President of India are vested in the Election Commission of India. It is an independent constitutional authority set up in pursuance of Article 324(1) of the Constitution of India. The literature on cor...

Copyright © 2005, American Society of Health-System Pharmacists, Inc. All rights reserved. 1079-2082/05/0402-0856$06.00. There is a pressing need to prepare health-system pharmacists for executive-level positions, motivate them to step into these roles and educate health-system administrators about the value a pharmacist in such a position could bring to his or her organization. To do this, the...

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.

Although the practitioner and academic literatures both note importance of ethno-racial diversity in nonprofit sector, we pursue a better understanding this sector’s dynamics by exploring drivers at multiple organizational hierarchy levels—boards directors, executive staff teams, full-time staff. Using data from organizations participating Candid’s Diversity, Equity, Inclusion initiative, find ...

This study investigates the impact of women directors on a firm’s sustainable growth rate. Using data from 2003 to 2017 for Chinese listed firms, we found positive relationship between and Our also contributes institutional theory by providing evidence that this is more effective in legal-person-controlled firms than state-controlled firms. In comparison, independent have stronger influence exe...