Prior studies examine outside directors' characteristics without considering their behaviors and document mixed results. We propose a new measure based on dissenting opinions expressed by outside directors in board meetings, which provide unique insights into their active monitoring actions. We...

This paper examines listing location as a managerial decision by using a sample of IPOs of Chinese entrepreneurial firms in mainland China, the United States and Hong Kong. We find that Chinese entrepreneurial firms managed by CEOs with international experience are more likely to undertake...