Many governments seek to impose gender equality on boards, but the consequences of
doing so are not clear and could harm firms and economies. We shed light on this topic by …

This meta‐analysis builds upon a previous meta‐analysis by (1) including 65 per cent more
studies that have over twice the sample size to estimate the relationships between emotional …

We examine the mechanisms used to limit expropriation of firm wealth by large shareholders
among S&P 500 firms with founding-family ownership. Consistent with agency theory, we …

After decades of being viewed as obsolete and problem ridden, recent research has begun
to show that major, publicly traded family-controlled businesses (FCBs) actually out-perform …

abstract Firm ownership is an increasingly influential form of corporate governance.
Although firms might be owned by different types of owners, most studies examine owner …

A central tenet of agency theory is that there is potential for mischief when the interests of
owners and managers diverge. In those circumstances, and for a variety of reasons …

We draw from legal theory to offer a fundamental rethinking of agency theory along three key
dimensions: redefining the principal from shareholders to the corporation, redefining the …

We develop a contingency approach to explain how firm ownership influences the
monitoring function of the board—measured as the magnitude of external audit fees …

The authors provide two examples of contemporary and contentious issues related to the
governance of publicly traded corporations—the composition of boards of directors and the …

Extant research examining the relationship between a firm's board and its CEO's
compensation has focused primarily on the composition of the board-at-large. However, it …