We examine the board structure of firms following stock-for-stock mergers. We find that former target inside (outside) directors are more likely to join the combined firm board when target insiders (outsiders) have a relatively strong position on the pre-merger target board. The relative size of...

We explore the effect of co-opted directors on R&D investments. Co-opted directors are those appointed after the incumbent CEO assumes office. Because a co-opted board represents a weakened governance mechanism that diminishes the probability of executive removal, managers are less likely to be...

Content analysis was performed on the Data Envelopment Analysis (DEA) literature appearing in refereed journals. The extant DEA literature, reported in Gattoufi et al.1 was subdivided in two ways. The first considers all articles appearing during the life-cycle of 22 selected major DEA...