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...

To achieve balance, equality, and elimination of prejudices, as well as the full development of organizations, ‎women need to be able to participate in the decision making process at various levels of the organization.‎‏ ‏In recent years, in the employment rate of women in society has increased significantly. The reason is the ‎remarkable competencies in women’s management style. Therefore, a n...

This paper presents a model of optimal control of corporate boards of directors. We determine when one would expect inside versus outside directors to control the board, when the controlling party will delegate decision-making to the other party, the extent of communication between the parties, and the number of outside directors. We show that shareholders can sometimes be better off with an in...

Title of dissertation: SELECTION OF STAR CEOS AND ITS IMPLICATIONS ON FIRM PERFORMANCE AND CEO COMPENSATION Minwen Li, Doctor of Philosophy, 2010 Dissertation directed by: Professor Vojislav Maksimovic, Dean's Chair Professor of Finance, Department of Finance My dissertation examines a board’s decision to hire a star CEO and the implication of such decision on the new CEO compensation and firm ...

Purpose – The effect of corporate governance on firm performance has long been of great interest to financiers, economists, behavioural scientists, legal practitioners and business operators. Yet there is no consensus over what constitutes an effective corporate governance mechanism that induces agents or managers to consistently act in the interest of share value optimisation. The purpose of t...

There is an awareness that companies apply the principles of good corporate governance can improve financial performance and company value. The implementation help transparency, accountability, compliance with applicable regulations. This reduce risk failure increase investor confidence. study aims to examine effect as measured by size board directors, independent commissioners, audit committee...

This paper examines the effects of director labor markets at firm headquarter locations on board governance. We argue that firms can implement better board governance by drawing on local director talent when a larger pool of prospective directors (officers and directors of same-industry firms, financial institutions, and universities) is located near the firm. We find that firms located near la...

there are always factors and forces which stimulate and threaten the participation of women in social fields. the general goal of this research is to study the viewpoints of actors (agents, managing board, and members of cooperatives) on the participation of women in women’s cooperatives. this is a quantitative (descriptive) research. considering the limitations of research and the criterion pr...