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...

This paper presents a fully experimental study on melting, flow and weld strength development during ultrasonic welding of CF/PPS composites with integrated triangular energy directors. The main goal of this research was assessing whether the heating time to achieve maximum weld strength could be significantly reduced as compared to ultrasonic welding with flat energy directors. The main conclu...

Using a Zero-Inflated Poisson (ZIP) model, we examine the effects of nonemployee director ownership and director plan adoption on the firms’ acquisition activity. We hypothesize that the firms’ acquisition activity increases with directors’ ownership as the directors’ incentives become more aligned with those of the shareholders, and they become less risk-averse. But at higher levels of ownersh...

BACKGROUND The transport of critically ill patients to children's hospitals is essential to current practice. The AAP Section on Transport Medicine has raised concerns about future leadership in the field as trainees receive less exposure to transport medicine. This study identifies the priorities of pediatric subspecialty fellows, fellowship directors and nursing directors in transport medicin...

The paper addresses the issue of the importance of independent, outside directors in monitoring the affairs of the firm. There is much debate about whether nonaffiliated directors are more supportive of the shareholderinterest hypothesis or the management entrenchment hypothesis. In this study of 1,026 announcements of the appointment of independent outside directors between 1990-1994, the auth...

Notwithstanding the important role non-executive directors’ play in corporate governance and the increasing attention they receive from regulators, research on non-executives is still in its infancy. UK Corporate Governance Code does not specify how the roles of non-executive directors should be carried out, but yet the importance of such roles is crucial to the notion of governance. In conjunc...

OBJECTIVE To identify the prevalence, characteristics, and compensation of members of the boards of directors of healthcare industry companies who hold academic appointments as leaders, professors, or trustees. DESIGN Cross sectional study. SETTING US healthcare companies publicly traded on the NASDAQ or New York Stock Exchange in 2013. PARTICIPANTS 3434 directors of pharmaceutical, biote...

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...

This study investigates how personal values may affect strategic decisions of board members in dilemmas involving shareholders and other stakeholders. In a survey of the entire population of directors and CEOs in all public corporations in one country, we use vignettes that are based on seminal court cases to identify a general factor of shareholderism (vs. stakeholderism). Directors and CEOs e...