Abstract. This study empirically investigates the relationship between independent directors’ cash compensation and the likelihood of corporate fraud. Using data of 2542 Chinese firms and 17239 firm years from 2010 to 2017, the findings of logistic regression, firm-fixed effects, instrumental...

This study empirically investigates the relationship between independent directors' cash compensation and the likelihood of corporate fraud. Using data of 2542 Chinese firms and 17239 firm years from 2010 to 2017, the findings of logistic regression, firm-fixed effects, instrumental variable...

We address two main questions: (1) Do firms with greater gender diversity on their boards benefit from a reduction in the cost of private equity placements (PEPs)? That is, do they benefit from a reduction in wealth effects? (2) Do firms with greater gender diversity on their boards enjoy higher...