The Handbook of the Economics of Corporate Governance, Volume One, covers all issues important to economists. It is organized around fundamental principles, whereas multidisciplinary books on corporate governance often concentrate on specific topics. Specific topics include Relevant Theory and...

Introduction: the study of corporate governance / Benjamin E. Hermalin, Michael S. Weisbach -- Aspects of the economics of organization with application to corporate governance / Benjamin E. Hermalin -- Assessing managerial ability: implications for corporate governance / Benjamin E. Hermalin,...

About 18% of Chartered Financial Analyst (CFA) members are women, which is well below the percentage of workers who are women around the world. To gain insights into why women represent a relatively low percentage of investment professionals, we survey the 2016 CFA membership, which consists of...

Boards of directors are intellectually interesting; the literature on boards has academic impact, and there is substantial scope for this literature to have policy impact. I illustrate these points by combining a select review of the literature with evidence from a variety of data sets. Boards...

Should boards of financial firms be blamed for the financial crisis? Using a large sample of data on nonfinancial and financial firms for the period 1996-2007, I document that the governance of financial firms is, on average, not obviously worse than in nonfinancial firms. In fact, using simple...

Should boards of financial firms be blamed for the financial crisis' Using a large sample of data on nonfinancial and financial firms for the period 1996-2007, I document that the governance of financial firms is, on average, not obviously worse than in nonfinancial firms. Even the issue of...

We show workplace culture is gendered. We apply computational linguistic models to listed firms’ reports to an Australian gender-equality agency to construct the first systematic measures of ‘corporate gender culture’—firms’ practices pertaining to the treatment of women across seven...

We document that women are less represented on corporate boards in Finance and more traditional STEM industry sectors. Even after controlling for differences in firm and country characteristics, average diversity in these sectors is 24% lower than the mean. Our findings suggest that...