We document and analyze board committee structures utilizing a novel dataset containing
full board committee membership for over 6,000 firms. Board committees provide benefits …

This study examines the effects of board independence and CEO duality on firm
performance. We analyze data for the NASDAQ-100 firms over the period 2010-2014. Three …

We study board executive committees for which, despite their broad powers, there exists
limited empirical evidence. We find empirically robust evidence that firms with executive …

The governance reforms of 2003 require corporate boards to establish various committees.
This paper studies how these committees are structured and the corresponding impacts. I …

We exploit a proposed amendment by the Public Company Accounting Oversight Board
(PCAOB) to Auditing Standard No. 12 (AS12) to examine its effect on CEOs' risk-taking …

This paper investigates the effect of social connections on outside director turnover before
stock performance crashes. We find that outside directors who are more connected with …

We exploit a proposed amendment by the Public Company Accounting Oversight Board
(PCAOB) to Auditing Standard 12 (AS 12) to examine the effect of auditing standards on …

Clawback policies are compensation recovery policies that provide companies with the
ability to recoup incentive-based compensation in the event of a financial fraud. We …

We examine whether directors utilize private information obtained through their committee
memberships to depart from firms prior to the revelation of their poor performance. Such …

This study investigates the role of the outside independent director and the effect of
significant shareholders on firm performance. This study is based on quantitative research …