Introduction: EuropeanPWN 2004 Survey As a starting point for my remarks, I want to refer to the study that we undertook in conjunction with the European Professional Women’s Network almost 12 months ago. The purpose of this study was to look at two of the more obvious signs of diversity on the Boards of Europe’s largest companies. More specifically, we looked at: • the number of the female Boa...

Using the passage of the Sarbanes-Oxley Act and the associated change in listing standards as a natural experiment, we find that while board independence decreases the cost of debt when credit conditions are strong or leverage low, it increases the cost of debt when credit conditions are poor or leverage high. We also document that independent directors set corporate policies that increase firm...

Research Summary Board independence is central to corporate governance. Numerous theories espouse the value of monitoring and advice provided by outside board members, governance codes worldwide call for boards with more independent directors separating roles chief executive officer chairman. However, neither original studies nor meta-analyses have found a substantial link between firm performa...

We employ Data Envelopment Analysis to estimate the new technical, cost, and profit efficiency of Indian banks over period 2008–2018. Then, we use Random Forest Regression examine impact corporate governance (Board Size, Board Independence, Duality, Gender Diversity, Meetings), bank characteristics (Return on Assets, Equity Total Assets), other (Ownership Years) efficiency. Among others, found ...

The purpose of this study is to examine the moderating effect board independence on relationship between ownership concentration and accounting conservatism. Using fixed-effect regressions for a sample 165 Vietnamese listed companies from 2007 2017, results revealed that proportion outstanding shares owned by largest shareholder negatively associated with conservatism plays role in relationship...

The purpose of this paper was to investigate the relationship between board independence and firm performance Chinese firms listed in Shanghai Stock Exchange, under moderating role Corporate Social Responsibility (CSR). A total 860 firm-year observations over a period ten years, that is from 2010 2019 collected. panel data regression technique employed analyze determine investigation. After rob...