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Drawing on the status characteristic theory, we investigate the effect of gender on board directors' status ranking and find that all else being equal, female directors' status ranking is 81.48% of one position lower than that of male directors, a discrepancy that is attributable to gender. We...
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Drawing on the similarity-attraction perspective and social identity theory, we argue that male versus female interlocking directors are likely to have different experiences when they work alongside female board directors of other firms. The theorized source of such experiences for male...
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This study investigates the role of independent board members in insider-controlled firms by examining the effectiveness of independent boards in reducing information asymmetry in family versus non-family firms. We show a negative relation between the proportion of independent directors and...
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