This paper reviews the theoretical and empirical literature on executive compensation. We
start by presenting data on the level of CEO and other top executive pay over time and …

In this review, we challenge the idea that directors are well positioned to be effective
monitors of management. Moving beyond the logic of incentives and ability, we …

Purpose This study aims to reconcile some of the conflicting results in prior studies of the
board structure–firm performance relationship and to evaluate the effectiveness and …

Board composition is a critical element in the ability of the board to impact firm outcomes.
While much of this research has focused on size and independence, there is growing …

This book integrates and assesses the vast and rapidly growing literature on strategic
leadership, which is the study of top executives and their effects on organizations. The basic …

The foundation of organizational psychology, updated to reflect the changing workplace
Organizational Psychology: A Scientist-Practitioner Approach, Third Edition provides …

Although a host of theory-driven rationales suggest a relationship between board of
directors size and firm performance, the literature provides no consensus about the direction …

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 …

We survey the evidence on the relationship between board composition and firm
performance. Boards of directors of American public companies that have a majority of …

Corporate governance is concerned with the resolution of collective action problems among
dispersed investors and the reconciliation of conflicts of interest between various corporate …