... in the collective intelligence of the board, as a result of more gender diversity, and not due to gender differences in risk preferences. Originality/value To the best of the authors’ knowledge, this work is the first to study the effect of board gender diversity on firms’ future risk. Corporate governance...

... and the level of investor protection interact with the firm-level corporate governance and affect firm performance. Design/methodology/approach The authors used the “G-Index” governance score developed by the Governance Metrics International rating for a sample of 12,728 firm-year observations from 23...

... in portfolio companies enforces disciplinary pressure on the management of public firms to make shareholder value a priority (Brav et al., 2008a). It is associated with positive wealth effects in target companies (Clifford, 2008). According to a relatively recent line of corporate governance...

...Chun-Teck Lye; Chee-Wooi Hooy Purpose This study aims to examine the effects of investor protection (PROT), internal and external corporate governance (CG) on private information-based trading (PIBT). Design/methodology/approach This study uses a sample of 3,438 firms from 42 countries...

... and emerging from bankruptcy? Bankruptcy Corporate social responsibility Corporate governance The existence of a reorganization plan does not automatically mean it will successfully emerge from bankruptcy. Research points to certain characteristics that tend to predict whether a firm...

... in over-investing firms to reflect their expectations that they will not receive the full benefit of these assets; and this paper extends the literature on corporate governance by assessing the role of governance mechanisms in reversing the negative relation between over-investment and the MVCH...

... as rule-based governance. Originality/value – This study highlights the complementary roles that financial policies and corporate boards play in corporate governance. Independent boards ensure that firms pursue appropriate financial policies that help resolve agency conflicts and information...

...Mostafa Kamal Hassan; Sawsan Saadi Halbouni Purpose The purpose of this paper is to investigate the effect of corporate governance mechanisms on the financial performance of the United Arab Emirates (UAE) listed firms. Design/methodology/approach Relying on a sample of 95 UAE listed firms...

...Sabur Mollah; Omar Al Farooque; Wares Karim Purpose In spite of an abundance of corporate governance literature across the world, the Botswana corporate sector is lacking. The purpose of this study is to investigate the relationship among the ownership structure, board characteristics...

... contribution of this paper is the new theoretical framework developed which enable us to disentangle the driving force behind pyramid firm's capital structure. Capital structure Corporate governance South East Asia Far East It is said that the ultimate owner (UO) of a pyramidal firm have enormous...

...Godfred A. Bokpin; Anastacia C. Arko Purpose The purpose of this paper is to examine the effect of ownership structure and corporate governance on capital structure decisions of firms on the Ghana Stock Exchange (GSE). Design/methodology/approach To analyze the impact of ownership structure...

... Corporate governance Next, I split the sample of financial institutions into depository and non‐depository institutions. Depository institutions (banks) include commercial banks, credit unions and savings associations (110 firms). Non‐depository institutions consist of insurance companies, REITs...

... for both investors and researchers in corporate governance. Demsetz and Villalonga (2001) address that the two‐stage least square regression, instead of the ordinary least squares method, is adequate for capturing the structural relation between ownership and firm performance. They assume ownership...