In this paper, we investigate the effects of internal corporate governance on the length it takes to remove a CEO after the initial sign of poor firm performance. We find that firms that have a better quality of internal corporate governance are quicker to remove poor-performing CEOs. This result persists after controlling for other factors that might influence the CEO removal decision.

Why do developing countries prove so resistant to the rule of law? The problem is all the more paradoxical because the institutional technologies for providing the rule of law – systems of property rights, civil rights, and personal liberties, general incorporation laws, corporate governance structures, contract law, and judicial systems – is relatively well-known. To address these questions, I...

We contribute to a growing focus on variation in diffusion processes by examining the ways in which contested practices are modified as they spread among adopters. Expanding on prior diffusion accounts, we argue that the extensiveness and similarity of a practice will vary in response to both populationand organization-level mechanisms. To examine these issues, we study variation in “golden par...

This study addresses various deficiencies in the corporate governance and intellectual capital literature by examining the association between the level of gender and ethnic diversity on the boards of directors of South African publicly listed firms and their degree of intellectual capital performance. A total of eighty-four South African publicly listed firms were included in this study. Empir...