Taking Chinese listed companies in 2008–2015 as the sample, in this paper we test in detail the impact of female directors on corporate environmental investments. Furthermore, we study the impact of female directors on environmental investment in enterprises with different types of ownership and industry attributes. Empirical studies show that when there are only 1 or 2 female directors on the ...

In this paper, we investigate whether a regulation that mandates a greater proportion of outside directors on a corporate board results in a more independent board. Instead of taking the fraction of outside directors directly as the measure of board independence, we define it as the nominal independence level. The real independence level of the board is determined by both the nominal independen...

The board of directors is the head of the supervisor and controller in the organization's system. Since the emergence of widespread changes in the business environment has led organizations to take advantage of diverse specializations and skills, changing the composition of the board and the diversity of vision and perceptual skills in their composition has doubled.One of the indicators o...

Shareholder valuations are economically and statistically positively correlated with independent director power, gauged by a composite of social network power centrality measures. Powerful directors’ sudden deaths reduce shareholder value significantly; other do not, consistent powerful directors increasing firm valuations. Further tests associate more less value-destroying mergers acquisitions...

Directors of large corporations are sometimes compared, with considerable justice, to the supreme party council in a one-party state. Potentates of countries commonly regarded as dictatorial might look with envy on American corporate directors not only for the funds of money of which they dispose, but also for the security of their tenure.' But there are many ways in which directors are unlike ...