Director Ownership, Governance, and Performance

By Sanjai Bhagat, Brian J. Bolton. Journal of Financial and Quantitative Analysis, 2013

204 citations recorded by the source corpus.

View Paper: https://www.semanticscholar.org/paper/6609f805a1ef4f252bcda70fcf71b57437d7ef3e

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Citations in the corpus

The Impact of Board Characteristics on the Financial Performance of Tanzanian Firms. (2018, background): “For example, Bhagat and Bolton (2013) and Malik and Makhdoom (2016) found that independent directors have a positive impact on the firm’s financial performance.”
CEO Power, Government Monitoring, and Bank Dividends (2016, background): “What happens if we consider the impact of stock ownership of board members? This variable should be a proxy for “good” governance because, as suggested by Bhagat et al. (2008), director ownership improves monitoring on the CEO and other executives.”
Does gender diversity on banks' boards matter? Evidence from public bailouts (2020, methodology): “13 Other previous studies on bank risk (Sila et al. (2016); Chhaochharia and Laeven, 2009; Faccio et al., 2016) employ a dynamic panel data model using the generalized method of moments (GMM) estimation (Arellano and Bond, 1991; Blundell and Bond, 1998).”
Firm Cash Holdings and CEO Inside Debt (2013, background): “Bhagat and Bolton (2013) argue that dollar ownership of board members is more reliable and less prone to bias and measurement error than other corporate governance measures.”
Corporate Social Performance and Firm Performance: Comparative Study among Developed and Emerging Market Firms (2019, background): “Firm performance is positively related to stock ownership of board members [77].”
Board Structure and Monitoring: New Evidence from CEO Turnovers (2015, result): “Our evidence complemets the findings in Duchin, Matsusaka and Ozbas (2010) and Bhagat and Bolton (2013) who find regulation of board composition mandated by the 1999 exchange listing rule change, the passage of SOX and the 2003 new listing rules signficantly improve firm performance.”
Institutional investors' horizons and corporate employment decisions (2020, unknown): “Direct_Own The natural log of the dollar value of common stock owned by the median director (based on Bhagat and Bolton, 2013).”