The board of the Global Fund to Fight AIDS, Tuberculosis and Malaria last week terminated the initial search for a new Executive Director to lead the agency and reopened the race after a series of allegations, leaks, insufficient due diligence, and divergent political agendas derailed efforts. On March 3, the board announced the appointment of Marijke Wijnroks as Interim Executive Director to s...

Boards of directors have become more involved in monitoring and advising top management. We investigate how board involvement affects executive incentives in a project investment setting. To increase the probability of project success, the CEO engages in a sequence of tasks: first acquiring information to evaluate a potential project, then reporting his assessment of the project to the board, a...

Member, Medical Library Committee, Yale University School of Medicine, 1917, 1920, 1927-44; Chairman, 1917, 1932-41. Member of the Beaumont Medical Club; President, 1943-44. Member of the Advisory Board, Historical Library, Yale Medical Library, 1939-44. Member of Library Committee, Yale University. Member, Library Associates, Yale University. Member of the Executive Committee, Division of Biol...

Table 1. Garfield Memorial Fund Board of Directors Jed Weissberg, MD; GMF Board Chair, Associate Executive Director, Quality and Performance Improvement, The Permanente Federation Edward Thomas, RN, MBA; GMF Director, The Permanente Federation Bob Crane; Senior Vice President, Health Policy Institute, KFHP/H Phil Madvig, MD; Associate Executive Director, TPMG Joanne Schottinger, MD; Assistant t...

We derive conditions under which limits on executive compensation can enhance efficiency and benefit shareholders (but not executives). Having its hands tied in the future allows a board of directors to credibly enter into relational contracts with executives that are more efficient than performance-contingent contracts. This has implications for the ideal composition of the board. The analysis...

We derive conditions under which state-imposed limits on executive compensation can enhance efficiency and benefit shareholders (but not executives). Having their hands tied in the future allows a board of directors to credibly enter into relational contracts with executives that are more efficient than performance-based contracts. This in turn can have implications for firm strategy and the id...

reason and religion biquartery journal of institute of dinpazhoohi-e - alavi volume 7&8, number 13&14 concessionaire: ayatollah ahmad beheshti managing editor: mohsen izadi editor in chif: saeid beheshti executive manager: mahdi behshti       editorial board ahmad beheshti: professor, tehran university and howzeh. saeid beheshti: professor, allameh tabatabaei university. ahmad abedi: associate ...

We document, describe and interpret changes in New Zealand corporate board characteristics between 1995 and 2010, a period centred around the 2003 introduction of the NZX Corporate Governance Best Practice Code. Unsurprisingly, the representation of non-executive, independent and female directors on NZ boards rose during the period, as did real chair and director fees and the importance of boar...