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Cited by 328

The DOI matches its Crossref record; 78 of the 78 references it cites were found in a registry or an index.

Professors in the Boardroom and Their Impact on Corporate Governance and Firm Performance

Francis, Bill, Hasan, Iftekhar, Wu, Qiang·2015·Financial Management
DOI 10.1111/fima.12069
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Abstract

We find that companies with directors from academia are associated with higher performance. This relation is driven by professors without administrative positions. We also find that academic directors play an important governance role through their advising and monitoring functions. Specifically, our results show that the presence of academic directors is associated with greater acquisition performance, a higher number of patents and citations, higher stock price informativeness, lower discretionary accruals, lower chief executive officer (CEO) compensation, and higher CEO forced turnover‐performance sensitivity. Overall, our results indicate that academic directors are valuable advisors and effective monitors and firms benefit from having academic directors.

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Registry

Crossref · 10.1111/fima.12069

Cites

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Metadata

Authors
Francis, B., Hasan, I., & Wu, Q.
Venue
Financial Management
Publisher
Wiley
Published
2015-04-19
Volume
44
Issue
3
Pages
547-581
ISSN
  • 0046-3892 (ISSN-L)
  • 1755-053X
DOI
10.1111/fima.12069
OpenAlex
W2334730685
Cited by
328
References
78
FWCI
48.41
Type
journal article
Language
en
Open access
closed

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CoChat. (2026). Citation check: Professors in the Boardroom and Their Impact on Corporate Governance and Firm Performance. https://app.cochat.ai/papers/10.1111/fima.12069
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Francis, B., Hasan, I., & Wu, Q. (2015). Professors in the Boardroom and Their Impact on Corporate Governance and Firm Performance. Financial Management. https://doi.org/10.1111/fima.12069

Data sources

Bibliographic data: Semantic Scholar, OpenAlex, Crossref.

Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).

Semantic Scholar’s data is described in: Kinney, R., et al. (2023). The Semantic Scholar Open Data Platform. arXiv:2301.10140.