The DOI matches its Crossref record; 4 of the 4 references it cites were found in a registry or an index.
The Role of Boards of Directors in Corporate Governance: A Conceptual Framework and Survey
Open accessAbstract
This paper is a survey of the literature on boards of directors, with an emphasis on research done subsequent to the Hermalin and Weisbach (2003) survey.The two questions most asked about boards are what determines their makeup and what determines their actions?These questions are fundamentally intertwined, which complicates the study of boards due to the joint endogeneity of makeup and actions.A focus of this survey is on how the literature, theoretical as well as empirically, deals -or on occasions fails to deal -with this complication.We suggest that many studies of boards can best be interpreted as joint statements about both the director-selection process and the e ect of board composition on board actions and rm performance.
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Cites
Strategic information transmission
Crawford, V. P., & Sobel, J. (1982) · Econometrica · doi:10.2307/1913390 · Cited by 4,293
Managerial Incentive Problems: A Dynamic Perspective
Holmstrom, B. (1999) · Review of Economic Studies · doi:10.1111/1467-937x.00083 · Cited by 3,172
The Powerful Antitakeover Force of Staggered Boards: Theory, Evidence, and Policy
Bebchuk, L. A., IV, J. C. C., & Subramanian, G. (2002) · Stanford Law Review · doi:10.2307/1229689 · Cited by 311
Undoing the powerful anti-takeover force of staggered boards
Guo, R.-J., Kruse, T. A., & Nohel, T. (2008) · Journal of Corporate Finance · doi:10.1016/j.jcorpfin.2008.03.007 · Cited by 113
Cited by
The role of information and financial reporting in corporate governance and debt contracting
Armstrong, C. S., Guay, W. R., & Weber, J. P. (2010) · Journal of Accounting and Economics · doi:10.1016/j.jacceco.2010.10.001 · Cited by 1,494
Politically Connected Boards of Directors and The Allocation of Procurement Contracts
Goldman, E., Rocholl, J., & So, J. (2013) · Review of Finance · doi:10.1093/rof/rfs039 · Cited by 920
Professors in the Boardroom and Their Impact on Corporate Governance and Firm Performance
Francis, B., Hasan, I., & Wu, Q. (2015) · Financial Management · doi:10.1111/fima.12069 · Cited by 328
Ararat, M., Aksu, M., & Tansel Cetin, A. (2015) · Corporate Governance: An International Review · doi:10.1111/corg.12103 · Cited by 282
Metadata
- Authors
- Adams, R., Hermalin, B., & Weisbach, M.
- Venue
- National Bureau of Economic Research
- Publisher
- National Bureau of Economic Research
- Published
- 2008-11
- OpenAlex
- W3125354808
- Cited by
- 204
- References
- 4
- Type
- report
- Language
- en
- Open access
- green
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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.
