This study investigates the association between independent directors’ reputation incentives and firm performance using Australia’s top 500 listed firms for 2004-2019. Analyses reveal that firm performance is positively (negatively) associated with the proportion of independent directors...

This study examines whether a firm's appointment of a problem director could lead to a stock price crash. We argue that an appointment of a problem director is the information "tipping point," which signifies governance failure and other potentially concealed firm-specific bad news that...

This paper extends the literature on busyness of directors (board) and bank performance on emerging markets. We argue that a quadratic model parsimoniously captures the tension between the ‘reputation hypothesis’ and ‘over-boarding hypothesis. We find a robust inverted u-shaped...