We find that companies with directors from academia are associated with higher
performance. This relation is driven by professors without administrative positions. We also …

Financial expertise among independent directors of US banks is positively associated with
balance-sheet and market-based measures of risk in the run-up to the 2007–2008 financial …

This study investigates whether board ethnic diversity is associated with stronger board
monitoring outcomes. We explore a range of outcomes–CEO compensation, accounting …

CEO power has been extensively studied across various disciplines and country contexts.
Despite the exponential growth of research, there has been limited effort to integrate the vast …

Prior research suggests that the effectiveness of corporate directors depends on their
qualifications. We investigate whether directors' qualifications affect the roles they perform …

Past research has consistently shown that separation of CEO and board chair roles has no
systematic effect on firm performance. In this study, we introduce the different forms of such …

We study the market for CEOs of large publicly-traded US firms, analyze new CEOs' prior
connections to the hiring firm, and explore how hiring choices are determined. Firms are …

Approximately half of S&P 1500 firms have adopted policies mandating retirement based on
age. This study investigates the merits of CEO mandatory retirement policies (MRPs) using a …

We study the relation between the chair of the board of directors and the CEO. We argue that
substantial age dissimilarity between the two—giving rise to cognitive conflict—increases …

In this study, we examine new CEOs' social influence behaviors in leadership transition
periods. Taking charge is challenging for new CEOs, particularly when (a) predecessor …