The Olympia School District Board of Directors held an Executive Session for the purpose of the Superintendent’s evaluation at 6:00 p.m., Monday, July 21, 2003, at Rogers Elementary School, 2001 26th Avenue NE, Olympia, Washington. The meeting was called to order at 6:10 p.m., immediately recessing into Executive Session. Present were: President Barclift, Directors Keeffe, Lehman, McGee and Par...

This study examined influences on the likelihood that directors of U.S. corporations will receive additional board appointments. We tested hypotheses with original survey data from 760 outside directors at large and medium-sized U.S. firms. Supplementary analyses assessed post-Enron era generalizability. Directors increased their chances of board appointments via provision of advice and informa...

Ever since the Y2K scare, boards have grown increasingly nervous about corporate dependence on information technology. Since then, computer crashes, denial of service attacks, competitive pressures, and the need to automate compliance with government regulations have heightened board sensitivity to IT risk. Unfortunately, most boards remain largely in the dark when it comes to IT spending and s...

W provide evidence that firms appoint independent directors who are overly sympathetic to management, while still technically independent according to regulatory definitions. We explore a subset of independent directors for whom we have detailed, microlevel data on their views regarding the firm prior to being appointed to the board: sell-side analysts who are subsequently appointed to the boar...

The boards of directors represents the interests of shareholders and shoulder the task of monitoring managements’ actions, protecting shareholder interests, and overseeing the activities of the company. Despite the large stream of academic research on board efficacy there exists a lack of well-developed theory about the interrelationship of attributes that lead to an effective board of director...

The purpose of this paper is to study the determinants of the presence of independent directors on boards of directors. Based on the agency theory, we study the different factors influencing the nomination of independent directors. The tests were applied to a sample of 79 companies belonging to the SBF120 index from 1999 to 2001. Using an OLS data regression framework, the findings show that th...