The purpose of this paper is to study the determinants of the presence of independent directors on boards of directors. Based on the agency theory, we study the different factors influencing the nomination of independent directors. The tests were applied to a sample of 79 companies belonging to the SBF120 index from 1999 to 2001. Using an OLS data regression framework, the findings show that th...

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...

In this paper we examine how board structure affects the informativeness of board members by comparing the returns earned by officers and independent directors from purchasing the firm’s stock. We investigate whether an exogenous shock to the board structure – the 2002 SarbanesOxley Act and the related mandates – leads to a shift in information asymmetry between officers and independent directo...

This article reviews empirical studies on the relationship between independent directors and firm performance in Chinese listed companies. The purpose is to generalize empirical evidence on the theoretical claim that independent directors can improve firm performance by performing their monitoring role over management as expected by Chinese regulators. To fulfil this purpose, this article condu...

the study objects for investigating the possibility of activating both audit committee and board of directors for restricting the practices of earnings management phenomenon. to achieve this objective, a questionnaire had been developed and self-administered for a selected sample consists of 123 auditors working in jordan based on the simple random sampling method. the study first hypothesis is...

the growing importance of the environmental and social policies in the spanish savings banksand the large differences between them, take us to delve into those factors that influence on the amounts spent on environment and welfare fund.in this line, we have analyzed all the spanish savings banks, over the period 2004-2008 and using the methodology of panel data, the effect that the composition ...

the growing importance of the environmental and social policies in the spanish savings banksand the large differences between them, take us to delve into those factors that influence on the amounts spent on environment and welfare fund.in this line, we have analyzed all the spanish savings banks, over the period 2004-2008 and using the methodology of panel data, the effect that the composition ...

We provide evidence on the consumer staples industry's commitment and accountability to employees prior COVID-19 pandemic by analysing their employee-related disclosures in annual reports. A high level of disclosure exists from 2004 2019 with 93 percent industry disclosing some information about employees. The highest categories are remuneration, health safety, training development. find that t...