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Using a sample of firms listed on the S&P1500 index for the period 2006 – 2021, we develop a comprehensive board refreshment index to examine why firms refresh as well as to consider the effects of such changes on the monitoring efforts of the board. We measure refreshment as a within board...
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The number of female executives has increased remarkably in recent years. We contribute to the investigation of the gender question by examining the relationship between the gender of the CEO and corporate board structures. We propose that gender-based behavioral differences between males and...
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This study examines the effect of busy directors and boards on the value of a set of international firms from 1999-2012. We find that busy directors and boards are a global phenomenon. We discover that national culture helps to explain the cross-sectional variation in director and board...
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