Results 241 to 250 of about 2,004,280 (291)

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.
BALSMEIER, Benjamin   +2 more
openaire   +2 more sources

Board independence and corporate investments

Review of Financial Economics, 2015
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 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

Independence in Executive Suites and Board Independence

2013
We investigate how governance in executive suites is impacted by other governance mechanisms. We use the independent board requirement as an exogenous shock reducing CEO influence in the boardroom. CEOs of the treated firms may attempt to recoup the loss of influence by building a team of “less independent” executives.
E. Han Kim, Yao Lu
openaire   +1 more source

Auditor independence and the new independence standards board

Journal of Corporate Accounting & Finance, 1998
AbstractIn search of additional fees, big accounting firms now offer “extended” audit services to corporate clients, including both external and internal audit functions. But there have been no new guidelines to keep auditors independent and truly impartial. However, that may soon change.
Robert W. Rouse, Gary Previts
openaire   +1 more source

Hiring Cheerleaders: Board Appointments of 'Independent' Directors [PDF]

open access: possibleSSRN Electronic Journal, 2009
We use a unique, hand-collected database of independent directors to 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, micro-level data on their views ...
Lauren Cohen   +2 more
openaire   +2 more sources

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