Results 241 to 250 of about 1,550,143 (306)

Board independence and corporate investments

Review of Financial Economics, 2014
AbstractThis research investigates whether and how board independence influences corporate investment decisions in a Seemingly Unrelated Regression (SUR) framework, where the capital investment and the research and development (R&D) investment are examined simultaneously.
Jun Lu, Wei Wang
openaire   +1 more source

The cubic S-curve relationship between board independence and intellectual capital efficiency: does firm size matter?

, 2021
PurposeFirst, this study assesses firms’ efficiency of transforming intellectual capital (IC) components into firm performance. Second, this study examines (1) cubic S-curve relationship between board independence and IC efficiency and (2) how firm size ...
Qian Long Kweh, Wen‐Min Lu, Irene Wei Kiong Ting, Hanh Thi My Le   +3 more
semanticscholar   +1 more source

Independent boards and innovation

Journal of Financial Economics, 2017
Abstract Much research has suggested that independent boards of directors are more effective in reducing agency costs and improving firm governance. How they influence innovation is less clear. Relying on regulatory changes, we show that firms that transition to independent boards focus on more crowded and familiar areas of technology.
Benjamin Balsmeier, Lee Fleming, Gustavo Manso   +2 more
openaire   +1 more source

ESG Controversies and Firm Value: Moderating Role of Board Gender Diversity and Board Independence

IEEE transactions on engineering management
Despite the growing attention given to environmental, social and governance (ESG) practices, little is known about the financial implications of bad social performance. Hence, this article aims to investigate the impact of ESG controversies on firm value
Souad Brinette, F. Sonmez, Pinar Sener Tournus   +2 more
semanticscholar   +1 more source

Board Composition Beyond Independence

Journal of Management, 2012
Board composition is a critical element in the ability of the board to impact firm outcomes. While much of this research has focused on size and independence, there is growing literature that investigates the composition of directors’ demography, human capital, and social capital.
Scott G. Johnson, Karen Schnatterly, Aaron D. Hill   +2 more
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Hiring Cheerleaders: Board Appointments of 'Independent' Directors [PDF]

SSRN Electronic Journal, 2009
We provide evidence that firms appoint independent directors who are overly sympathetic to management, while still technically independent according to regulatory definitions. We explore a subset of independent directors for whom we have detailed, microlevel data on their views regarding the firm prior to being appointed to the board: sell-side ...
Lauren Cohen, Andrea Frazzini, Christopher J. Malloy   +2 more
openaire   +1 more source

The Independent Payment Advisory Board

New England Journal of Medicine, 2010
The Patient Protection and Affordable Care Act creates an Independent Payment Advisory Board (IPAB) to ensure that Medicare spending doesn't grow too quickly and to make recommendations about controlling national health care costs. Timothy Jost explores the IPAB's structure, mission, and challenges.
openaire   +3 more sources

Assessing the Governance Mechanisms, Corporate Social Responsibility and Performance: The Moderating Effect of Board Independence

Global Business Review, 2020
This article serves two purposes. First, it attempts to examine the joint impact of corporate governance mechanisms and corporate social responsibility (CSR) practice on firm performance.
Sitara Karim, N. Manab, R. Ismail
semanticscholar   +1 more source

The impact of board independence and foreign ownership on financial and social performance of firms: evidence from the UAE

Journal of Applied Accounting Research, 2020
PurposeThis study examines the impact of two different types of foreign ownership—by Arab and non-Arab investors on firms' financial and social performance.
Bakr Al‐Gamrh, Redhwan Al-Dhamari, A. Jalan, Asghar Afshar Jahanshahi   +3 more
semanticscholar   +1 more source

Non-GAAP earnings and board independence

Review of Accounting Studies, 2010
We examine the association between board independence and the characteristics of non-GAAP earnings. Our results suggest that companies with less independent boards are more likely to opportunistically exclude recurring items from non-GAAP earnings. Specifically, we find that exclusions from non-GAAP earnings have a greater association with future GAAP ...
Richard M. Frankel, Sarah E. McVay, Mark T. Soliman   +2 more
openaire   +1 more source